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Displaying Results 1 to 20 of about 644 for "Extreme measures"
Spotlight on environment: Extreme measures
Spotlight on environment: Extreme measures. Extreme weather events can have enormous economic costs, with huge uncertainty surrounding them. So how can this uncertainty be communicated in a meaningful way to decision makers? . Fatalities and injuries, property damage and economic and social disruption...
24 Jan 2012
C-Suite - Insurer: Flooding issue will not drain away
C-Suite - Insurer: Flooding issue will not drain away. Extreme weather is here to stay – the industry must adopt long-term measures to reduce property damage.. With the country gripped by unprecedented storms and floods for months and the wettest winter on record creating havoc for thousands of homeowners...
04 Mar 2014
Geneva Association warns of 2011 repeat
in managing climate risk and other extreme events. The report is made up of nine essays by leading insurance academics, economists and insurers that underline the significant importance of risk adaptation and management measures in developing physical and economic resilience to natural catastrophes....
09 Mar 2012
Unruly waters
a functioning central government, restricting pirate activities from the interior can only remain a distant prospect. The area where the pirates operate (often hundreds of miles offshore) is not, and cannot be, the responsibility of Somalia. Extreme poverty is destroying any attempted structural reform;...
16 Dec 2009
Storms: Tackling increasingly severe events
signing an agreement for access to European Severe Storms Laboratory's historical data. Other approaches Modelling is only one aspect of the insurer's approach to mitigating the risks. Extreme weather is more common over huge landmasses, and the US has historically been subject to more catastrophic...
15 Apr 2016
In Series: Motor: Areas of improvement
through intelligent vehicle repair allocation having?. Extreme competition has stripped the fat from the bone of the motor insurance market. For the insurers operating in this ultra-lean space, any potential operational and efficiency savings are extremely valuable. One particular area currently under...
21 Jan 2014
Government needs a joined up approach on flooding, says IFoA
them on a like for like basis. However it is not economically viable for insurers to subsidise wholesale home improvement measures." Colin Wilson, president of the IFoA, said: "Climate change and increased building on flood plains have made the UK flooding problems worse in recent years. Extreme weather...
02 Nov 2016
Weathering the growing subsidence risk
to the drawing board and develop entirely new products or whether they want to tweak their existing offerings." "Subsidence is not a sudden and unexpected phenomenon which causes buildings to collapse." Bitner Adaption measures Wuest highlights the importance of managing prevention and adaption measures...
17 Jan 2013
Extremes do have value.
return periods for various events and therefore help to find the right price for excess of loss contracts. "EVT is a useful supplementary risk measure because it provides more appropriate distributions to fit extreme events. Unlike VAR methods, no assumptions are made about the nature of the original...
05 Jul 2001
Managing general agents - Extreme reactions
Managing general agents - Extreme reactions. Opinions in the industry vary from one extreme to the other when the subject of managing general agents comes up. Sarah Hills hears from a number of players in the market. The managing general agent sector is like marmite - it...
07 May 2009
The Christ child cometh.
the chance to prepare and put in place loss control measures. Dr Berz says that most of the affected countries were aware of the developing El Nino early in 1997, and started putting preventative measures in place, though he says that it has been difficult to assess how effective they were. Latin American...
01 Jul 1998
A balancing act
of up to 5%. However, these indications tend to relate to retained business. What the measures often fail to account for is the relative price strength of new business, which should be compared against the same base as the renewed business. Combining these two factors provides a more accurate measure...
24 Nov 2005
Is a storm brewing?
and prepared to pay out on an extreme event occurring at any time.As the report states: "Analysis of different policy responses to climate change rarely includes consideration of the financial consequences of very extreme weather events and knock-on effects through capital markets.Policymakers should...
30 Jun 2005
Weather warning
Weather warning. As Europe faces extreme weather conditions, the implications of weather change become more pressing as a risk management issue. A report from European Environment Agency examines the potential impact. The UK has been stunned by severe flash flooding in recent weeks and the rest of Europe...
01 Sep 2004
Take the weather with you
said Mr Firth.Along with the perception that the effects of climate change are a long way off, the panel felt that part of the problem lies with the term 'extreme event' itself. "Our definition of an extreme event will change," said Mr Allott. "The summer of 2003 was an extreme event at the time but that...
20 Jul 2006
Haiti and Mozambique most vulnerable to economic losses from natural disasters
impact of earthquakes, volcanic eruptions, tsunamis, storms, flooding, drought, landslides, extreme temperatures and epidemics between 1980 and 2010. The index measures the risk of economic losses from damage costs and deaths caused by natural disasters to reflect both the direct economic impact of...
08 Jul 2010
Global warming heats up
Siberia. According to research released in May 2005 by Professor Peter Wadhams, professor of ocean physics at Cambridge University, the first signs of a slowdown in the Gulf Stream have been detected. Professor Wadhams was able to measure undersea temperatures over a wide range of the northern Atlantic...
01 Jun 2005
Climate Change: The future is in our hands
battling climate change. He commented: “The insurance sector can and must play a strong role in shaping a more sustainable future. The insurance industry can be central in building a more resilient, climate-smart economy. You have seen the tragic human toll rise from extreme weather events. You know...
02 Feb 2016
RMS model shows increased risk of extreme terrorism losses in US
increase globally, the risk of attack by terrorists on U.S. soil has slightly decreased due to improvements in counter-terrorism security measures. However, the risk of extreme events over the next five years, including terrorist attacks using chemical, biological, radiological, and nuclear (CBRN) weapons,...
23 Sep 2005
The derivatives debate
The derivatives debate. Increasing numbers of companies are hedging their bets over extreme weather. Do weather derivatives offer an alternative to traditional insurance?. Hearing about another weather-related disaster somewhere in the world has become something that we all take for granted. Discovering...
01 Apr 2004
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