We examine how sensitive the new performance indexes incorporating high moments and disaster risk are to disaster risk …. The new performance indexes incorporating high moments and disaster risk are the Aumann-Serrano performance index and … underlying risk. We show, by numerical examples and empirical examples, how sensitive these indexes are to disaster risk …

established as an important model for Korea's disaster risk reduction activities. …Since the 1990s, efforts have been made to reduce the damage caused by natural disasters, among which the Disaster …

other stakeholders regarding climate-related disaster risk mitigation. … addressing the disaster's underlying risk, the traditional disaster insurance strategy largely focuses on providing financial … significance of effective disaster risk reduction strategies applied within the innovative insurance mechanism in lowering overall …

participation and a relationship between two different age groups: the young Social Education students and the elderly. It has a … double purpose: to promote that reciprocal space for cooperation and interaction in a way that avoids the risk of … education from a wide-open inclusive perspective to take advantage of senior talent and innovation. …

-inhomogeneous drivers inspired by recent results in credit risk. Moreover, we derive a number of useful results for modeling and pricing … dynamic claims processes. The results can in particular be used for pricing Catastrophe Bonds (CAT bonds), a traded risk …

source of such correlation among buildings of a region subject to a natural hazard is discussed. A decomposition method is … proposed to split Nat Cat risk into idiosyncratic (and hence insurable) risk and systematic risk (carrying the correlated part …). It is explained that the systematic risk can be transferred to capital markets using a set of parametric CAT bonds …

Markovian probabilistic approach, with Feynman's path calculation and Dirac notations, in order to observe how a pandemic risk …

and risk prevention as this trend continues. In this paper, we convert natural disaster losses to the year 2016 dollars … outperforms the other two composite distributions in modeling natural disaster losses. Important risk measures for natural … the US shows that there is an increasing trend in annul natural disaster losses after 1980. Climate change is recognized …

much money should a government hold to prepare for natural or human-made extreme risk events that the government will cover …? Although the ruin theory is commonly used for extreme risk events, we suggest a new risk measure to deal with such events in a … new framework based on multivariate risk measures. We analyze the results for the log-elliptical model of dependent claims …