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Catastrophic Impact And Loss

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Catastrophic Impact And Loss

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Author : Kevin D. Burton
language : en
Publisher: CRC Press
Release Date : 2012-10-25

Catastrophic Impact And Loss written by Kevin D. Burton and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-10-25 with Business & Economics categories.

The author’s previous work, Managing Emerging Risk: The Capstone of Preparedness considered the notion of risk and what constitutes risk assessment. It presented scenarios to introduce readers to areas of critical thinking around probability and possibility. Six months after the book’s publication, many of the scenarios came true, and other, more menacing risks emerged. Catastrophic Impact and Loss: The Capstone of Impact Assessment is the second stone to be laid in a path toward a more mindful practice of emergency management, focusing on the impacts caused by risk and offering a complete approach to measure and manage them. Providing a true understanding of what it is to be "in harm’s way," this essential book details the devastation and effects that both public and private enterprise must be prepared for in the event of a catastrophe. The book examines: Impact assessment as an essential piece of information and the fundamental flaws that hinder the process The development of the digital age and postmodernism and the five guiding principles of postmodern impact assessments How to establish an impact horizon and effect a clear scope statement that includes all in-scope and out-of-scope assets and locations Problems that occur when we fail to create impact assessments that align with internal organizational values, federal and state laws, or industry regulations—and how to use the guiding principles to address these problems Methods for developing solid analytical models for impact assessment—exacting logical, relevant, and clear language and taxonomies How to address overrides and deviations based on expert opinion, cultural needs, and the application of common sense Key challenges in postmodern business impact assessment and how we can best meet those challenges by understanding the concept of the uncanny valley Readers who master the principles in this book will better understand the link between the potential damage of an event and how information informs every decision to prepare for, respond to, mitigate, and recover.

Catastrophic Impact And Loss

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Author : Kevin D. Burton
language : en
Publisher: CRC Press
Release Date : 2012-10-25

The author‘s previous work, Managing Emerging Risk: The Capstone of Preparedness considered the notion of risk and what constitutes risk assessment. It presented scenarios to introduce readers to areas of critical thinking around probability and possibility. Six months after the book‘s publication, many of the scenarios came true, and other, more m

Catastrophe Modeling

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Author : Patricia Grossi
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-01-27

Catastrophe Modeling written by Patricia Grossi and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-01-27 with Business & Economics categories.

Based on the research that has been conducted at Wharton Risk Management Center over the past five years on catastrophic risk. Covers a hot topic in the light of recent terroristic activities and nature catastrophes. Develops risk management strategies for reducing and spreading the losses from future disasters. Provides glossary of definitions and terms used throughout the book.

Preparedness And Response For Catastrophic Disasters

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Author : Rick Bissell
language : en
Publisher: CRC Press
Release Date : 2013-05-29

Preparedness And Response For Catastrophic Disasters written by Rick Bissell and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-29 with Political Science categories.

Based on a popular course for the FEMA Higher Education project, Preparedness and Response for Catastrophic Disasters provides important insight into plans to mitigate and respond to the devastation caused by large-scale catastrophic events. Hurricane Katrina provided clear evidence that these occurrences are both qualitatively and quantitatively different from other disasters. Recent tragedies, like the 2004 South Asia tsunami, the 2010 earthquake in Haiti, and the 2011 earthquake, tsunami, and resulting nuclear plant meltdown in Japan further illustrate that we are not prepared for such events. Written by top disaster scholars and practitioners, the book defines what constitutes a catastrophic event, outlining both the factors that can lead to catastrophes and the unique logistical, planning, and response challenges posed by them. Distinct from general disasters, these events are termed "catastrophic" due to the regional impact, impacts to logistics and infrastructure, the devastating effects on large-scale populations, and the ripple effects on regional and global economies. Preparedness and Response for Catastrophic Disasters examines why catastrophes must be approached differently. If governments, public administrators, and emergency management professionals are to succeed in protecting our populations, there must be consensus, decisiveness, and leadership in both the coordination and response. In addition, there must be a fundamental recognition that catastrophic events compromise the very infrastructure—public utilities, delivery of goods and service, schools, business functions, and government—that supports communities and upon which modern society is based. As such, the book explores how catastrophes can dramatically affect populations and addresses new, innovative, and fundamentally unique strategies communities can institute to better prepare populations for catastrophic events and their aftermath.

Policy Issues In Insurance Risk Awareness Capital Markets And Catastrophic Risks

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2011-08-12

Policy Issues In Insurance Risk Awareness Capital Markets And Catastrophic Risks written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-08-12 with categories.

Includes reports on initiatives to promote natural hazard awareness and disaster risk reduction education, the role of financial markets in financial mitigation of large-scale risks, mechanisms used to quantify catastrophe losses, and hazard risk mapping efforts in Southeast Asian countries.

Mastering Catastrophic Risk

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Author : Howard Kunreuther
language : en
Publisher: Oxford University Press
Release Date : 2018-05-01

Mastering Catastrophic Risk written by Howard Kunreuther and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-01 with Business & Economics categories.

A profound and insightful look at how company leaders prepare for and respond to shocks and crises that threaten their business. Successful firms strategically manage and are more accurate in their assessment of large-scale risks. Doing so is increasingly challenging given the pace of change, whether financial, technological, regulatory, or environmental. Mastering Catastrophic Risk provides real-world practical insights into how large companies are responding to this new reality and develops a framework for smarter thinking about events that can damage a business. As leading authorities on risk management, strategy, and company leadership, Howard Kunreuther and Michael Useem take us on a groundbreaking tour of firms' decision making process. They demonstrate how improving readiness for and resilience against future shocks is now an integral part of company strategy. Using the "DISRUPT" model they have developed, they highlight the seven primary Drivers of disruption: Interdependencies increase exposure; Short-term focus results in limited vision; Regulations require change and constrain opportunities; Urbanization increases the costs of disasters; Probabilities of disasters have increased; and Transparency has enhanced public awareness of problems and impacts on firms' reputations. Some disruptions can be anticipated, while others arrive without warning. Their onset stresses decision makers, impairs company operations, and may even put the enterprise at risk. The bottom-line: business leaders and their governing boards face ever more challenging disruptions and must be ever more on guard. If your company is hit tomorrow, will it bounce back, or drown?

The Economic Consequences Of A Catastrophic Earthquake

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Author : National Research Council
language : en
Publisher: National Academies Press
Release Date : 1992-02-01

The Economic Consequences Of A Catastrophic Earthquake written by National Research Council and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-02-01 with Science categories.

This book presents the proceedings of an August 1990 forum held at the National Academy of Sciences in Washington, D.C. Topics covered include the current and potential roles of the private sector and the various levels of government before, during, and after an earthquake occurs, and alternative strategies that could be implemented to reduce the economic impacts, with emphasis placed on the role of the insurance industry.

Natural Catastrophe Risk Management And Modelling

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Author : Kirsten Mitchell-Wallace
language : en
Publisher: John Wiley & Sons
Release Date : 2017-04-24

Natural Catastrophe Risk Management And Modelling written by Kirsten Mitchell-Wallace and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-24 with Science categories.

This book covers both the practical and theoretical aspects of catastrophe modelling for insurance industry practitioners and public policymakers. Written by authors with both academic and industry experience it also functions as an excellent graduate-level text and overview of the field. Ours is a time of unprecedented levels of risk from both natural and anthropogenic sources. Fortunately, it is also an era of relatively inexpensive technologies for use in assessing those risks. The demand from both commercial and public interests—including (re)insurers, NGOs, global disaster management agencies, and local authorities—for sophisticated catastrophe risk assessment tools has never been greater, and contemporary catastrophe modelling satisfies that demand. Combining the latest research with detailed coverage of state-of-the-art catastrophe modelling techniques and technologies, this book delivers the knowledge needed to use, interpret, and build catastrophe models, and provides greater insight into catastrophe modelling’s enormous potential and possible limitations. The first book containing the detailed, practical knowledge needed to support practitioners as effective catastrophe risk modellers and managers Includes hazard, vulnerability and financial material to provide the only independent, comprehensive overview of the subject, accessible to students and practitioners alike Demonstrates the relevance of catastrophe models within a practical, decision-making framework and illustrates their many applications Includes contributions from many of the top names in the field, globally, from industry, academia, and government Natural Catastrophe Risk Management and Modelling: A Practitioner’s Guide is an important working resource for catastrophe modelling analysts and developers, actuaries, underwriters, and those working in compliance or regulatory functions related to catastrophe risk. It is also valuable for scientists and engineers seeking to gain greater insight into catastrophe risk management and its applications.

Preparedness And Response For Catastrophic Disasters

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Author : Rick Bissell
language : en
Publisher: CRC Press
Release Date : 2013-05-29

Catastrophic Disaster Planning And Response

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Author : Clifford Oliver
language : en
Publisher: CRC Press
Release Date : 2010-07-20

Catastrophic Disaster Planning And Response written by Clifford Oliver and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-07-20 with Political Science categories.

Presenting cutting-edge domestic and international approaches, Catastrophic Disaster Planning and Response explains how to effectively plan for and manage the consequences of a catastrophe. Recognizing that a business-as-usual approach to preparing for and responding to such events is doomed to fail, the book fills a gap in emergency management education. It introduces the many considerations that influence how we plan for and respond to large-scale catastrophes and how it differs from preparing for smaller-scale emergencies. Written by a recognized expert in emergency management, this volume is a thorough study of the planning process and response procedures for catastrophic disasters. Topics discussed include: The history of catastrophic events, both in and outside the United States How catastrophes differ from disasters and emergencies and how they are all part of the emergency management continuum The varying definitions of catastrophes and their political and societal implications The main ethical and value dilemmas that one will likely face before, during, and after a catastrophe The legal framework associated with government response to catastrophes The post-catastrophic environment that an emergency manager might experience, with a focus on logistics, critical infrastructure, mass care, and mass evacuation Planning strategies and skills an emergency manager can employ to mitigate the effects of such an event The use of crisis leadership skills and how to lead and influence others in a catastrophic situation Recent major events provide valuable lessons that demonstrate the characteristics of a catastrophic disaster, the special issues of response and recovery, and the necessary preparation on international, national, and local levels. Offering best practices using recent real-world case studies, the book provides a foundation for continued study and critical reflection. Catastrophic Disaster Planning and Response is one of only two books utilized by the U.S. Coast Guard (USCG) in their elite 2010 Flag Office/SES Executive Change Leadership Program (ECL) curriculum. The ECL program develops the executive leadership skills of USCG Admiral-selects awaiting Senate confirmation, as well as members of the Department of Homeland Security's federal Senior Executive Service (SES), which in 2010 included representatives from the U.S. Secret Service, the Transportation Security Administration, Immigration and Customs Enforcement, the U.S. Border Patrol, Citizenship and Immigration Services, and FEMA. Readily adaptable for classroom use, this cutting-edge professional reference provides qualifying instructors with access to teaching materials and a test bank.

Catastrophic Impact And Loss

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