Risk Modeling For Hazards And Disasters by Gero MichelRisk Modeling For Hazards And Disasters by Gero Michel

Risk Modeling For Hazards And Disasters

byGero Michel

Paperback | September 1, 2017

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Risk Modeling for Hazards and Disastersopens with an introduction to insurance risk modeling data and modeling concepts and then moves on to review innovative ideas from the most well-known vendor firms. It covers relevant new science in risk modeling, indirect losses, assessment of impact and consequences to insurance losses and current changes in risk modeling practice, along with case studies. The final chapter provides further insight into the shortcomings of current models and examines model risk and ideas to diversify risk assessment.

This book reviews current model development and science and explains recent changes in the cat modeling space, including new model platforms and new ideas covering uncertainty and big data in the assessment of risk for insurance pricing and portfolio management. Edited by an expert in both hazards and risk, this book is authored by a global panel including major modeling vendors, modeling consulting firms and well-known catastrophe modeling scientists.Risk Modeling for Hazards and Disastersprovides important insight into how models are used to price and manage risk.



  • Includes high profile case studies such as the Newcastle earthquake, Hurricane Andrew and Hurricane Katrina
  • Provides crucial information on new ideas and platforms that will help address the new demands for risk management and catastrophe risk reporting
  • Presents the theory and practice needed to know how models are created and what is and what is not important in the modeling process
  • Covers relevant new science in risk modeling, indirect losses, assessment of impact and consequences to insurance losses, and current changes in risk modeling practice, along with case studies
Gero Michel is the Managing Director of Chaucer Underwriting A/S in Copenhagen, where he is responsible for Chaucer's European portfolio and capital market initiative. In addition Dr. Michel serves as an adjunct professor at Western University, London Ontario, Canada where he lectures on Insurance and Reinsurance as well as creation of...
Title:Risk Modeling For Hazards And DisastersFormat:PaperbackDimensions:324 pages, 8.75 × 6.35 × 0.68 inPublished:September 1, 2017Publisher:Elsevier ScienceLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0128040718

ISBN - 13:9780128040713

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Table of Contents

Part I. Introduction and Theoretical Framework 1. Introduction: Katrina and the Barefoot Scholars Michael Zakour, Nancy Mock and Paul Kadetz 2. Settlement Shifts in the Wake of Catastrophe Richard Campanella 3. Vulnerability-plus Theory: The Integration of Community Disaster Vulnerability and Resiliency Theories Michael Zakour and Charles Swager 4. A Systems Approach to Vulnerability and Resilience in Post-Katrina New Orleans Nancy Mock, Melissa Schigoda and Paul Kadetz 5. Built-in Structural Violence and Vulnerability: A Common Threat to Resilient Disaster Recovery Shirley Laska, Susan Robinson Howell and Alessandra Jerolleman

Part II. Vulnerability 6. Setting the Stage for the Katrina Catastrophe: Environmental Degradation, Ignoring Science, Engineering miscalculation; and human's mismanagement Ivor van Heerden 7. Three Centuries in the Making: Hurricane Katrina from an Historical Perspective Michael Zakour and Kayla Grogg 8. The Resilience in the Shadows of Catastrophe:Addressing the Existence and Implications of Vulnerability in New Orleans and South Eastern Louisiana Charles Figley and Regardt J. Ferreira 9. Problematizing Vulnerability: Unpacking Gender, Intersectionality, and the Normative Disaster Paradigm Nancy Mock and Paul Kadetz

Part III. Disaster Resilience 10. Culture and Resilience: How Music has Fostered Resilience in Post-Katrina New Orleans James Morris and Paul Kadetz 11. Resilience among Vulnerable Populations: The Neglected Role of Culture Mark VanLandingham 12. Faith-Based Organizations in Katrina: The United Methodist Church Sarah Sloan Kreutziger, Ellen Blue and Michael Zakour 13. Collective Efficacy, Social Capital and Resilience: An Inquiry into the Relationship Between Social Infrastructure and Resilience after Hurricane Katrina Paul Kadetz 14. Dynamics of Early Recovery in Two Historically Low-Income New Orleans Neighborhoods of Tremé and Central City Nancy Mock, Paul Kadetz, Adam Papendieck and Jeffrey Coates

Part IV. Conclusions and Lessons Learned 15. Does Experiencing a Catastrophe at Ground Zero Have Impacts on the Professional Performance / Identity of Social Scientist Survivors? Shirley Laska 16. How the Barefoot Scholars were Deployed: The Good, the Bad, and the Ugly Nancy Mock 17. Lessons Learned from New Orleans and Katrina Michael Zakour

Epilogue: Back to the Future? Paul Kadetz