Catastrophe Modeling: A New Approach to Managing Risk

• Corporate Author: SpringerLink (Online service)
• Other Authors: Grossi, Partricia (Editor), Kunreuther, Howard (Editor)
• Format: Electronic eBook
• Language: English
• Published: Boston, MA : Springer US, 2005.
• Series: Catastrophe Modeling, 25
• Subjects: Finance.; Microeconomics.; Finance, general.

Catastrophe Modeling: A New Approach to Managing Risk is the first book that systematically analyzes how catastrophe models can be used for assessing and managing risks of extreme events. It focuses on natural disaster risk, but also discusses the management of terrorism risk. A unique feature of th...

Table of Contents:

• Introduction: Needs, Stakeholders, and Government Initiatives
• An Introduction to Catastrophe Models and Insurance
• The Risk Assessment Process: The Role of Catastrophe Modeling in Dealing with Natural Hazards
• Sources, Nature, and Impact of Uncertainties on Catastrophe Modeling
• Use of Catastrophe Models in Insurance Rate Making au]Dennis^Kuzak
• Insurance Portfolio Management
• Risk Financing
• The Impact of Mitigation on Homeowners and Insurers: An Analysis of Model Cities
• The Impact of Risk Transfer Instruments: An Analysis of Model Cities
• Extending Catastrophe Modeling To Terrorism.