Name: catastrophe modeling
SKU: 3410246
Price: 210.00 EUR
Availability: InStock
ISBN: 9780387230825

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Type

Physical Book

Publisher

Springer

Language

English

Pages

252

ISBN

0387230823

ISBN13

9780387230825

Synopsis "catastrophe modeling"

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 this book is the involvement of three leading catastrophe modeling firms, air worldwide, eqecat, and risk management solutions, who examine the role of catastrophe modeling in rate setting, portfolio management and risk financing. using data from three model cities (oakland, ca, long beach, ca and miami/dade county, fla), experts from the wharton school of the university of pennsylvania examine the role of catastrophe modeling to develop risk management strategies for reducing and spreading the losses from future disasters. given the uncertainties associated with terrorism the book points out the opportunities for utilizing catastrophe models to set insurance rates and to examine public-private partnerships for providing financial assistance in the event of a terrorist attack.

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