Showing 1 - 10 of 356
Since the 1990s, efforts have been made to reduce the damage caused by natural disasters, among which the Disaster … established as an important model for Korea's disaster risk reduction activities. …
Persistent link: https://www.econbiz.de/10012703963
community resilience to disaster consequences. Development practitioners, planners, and researchers must find novel techniques … minimize disaster risk in communities. People’s standards, beliefs, and behaviors are greatly influenced by societal … study confirmed that the school curriculum has a positive and significant relationship with disaster risk management. Many …
Persistent link: https://www.econbiz.de/10013359125
This study presents an easy-to-handle approach to measuring the severity of reinsurance that faces a system of dependent claims, where the reinsurance contracts are of excess loss or proportional loss. The proposed approach is a natural generalization of common reinsurance methodologies...
Persistent link: https://www.econbiz.de/10014246287
Nat Cat risks are not insurable by traditional insurance mainly because of producing highly correlated losses. The 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...
Persistent link: https://www.econbiz.de/10012705095
The COVID-19 pandemic has had a significant impact on numerous industries, including the event industry, resulting in widespread disruptions. The widespread cancellations of festivals have been a direct consequence of the pandemic, and, following the reopening, those that have taken place have...
Persistent link: https://www.econbiz.de/10014246213
mechanisms by studying the feedback loops governing complex systems connected to the disaster insurance mechanism. Instead of … addressing the disaster's underlying risk, the traditional disaster insurance strategy largely focuses on providing financial … security for asset recovery after a disaster. This constraint becomes especially concerning as the threat of climate …
Persistent link: https://www.econbiz.de/10014497445
Persistent link: https://www.econbiz.de/10010489055
The publication of several special issues was part of the initiatives taken in 2013 to launch Risks as a new online journal. It seemed natural to devote one to this important, concrete and complex problem of managing catastrophic and heavy tailed risks. We received an enthusiastic response last...
Persistent link: https://www.econbiz.de/10010489110
Systemic Banking crises are a recurrent phenomenon that affects society, and there is a need for a better understanding of the risk factors to support prudential regulation and reduce unnecessary risk intake in the financial system. This paper examines the main bank risk determinants in Latin...
Persistent link: https://www.econbiz.de/10012293308
from the time of the COVID-19 pandemic, including a novel definition of disaster based on COVID-19 intensity. The setup … allows us to disentangle the probability of disaster and investors' updating probability at each point in time which sheds … light on how long-memory investors react to disaster risk and play a role in future prices. The theoretical results show …
Persistent link: https://www.econbiz.de/10015358871