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 … help insurance firms, policy planners, and disaster risk managers make decisions that will benefit local communities and …

Climate risk refers to the risks associated with climate change and has already started to impact various sectors of … the economy. In this work, we focus on the impact of physical risk on the probability of default for a firm in the … of default. We also propose a model to assess the exposure of the firm to transition 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 …

-Balaton 2023 European Capital of Culture region (VEB 2023 region). The study aims to adapt the PwC Risk Management Model and …), what lessons they learned, and what risk management decisions they made as a challenge of the pandemic period from a …

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 …

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 …. Premium calculation is presented for insuring the decomposed risk. Portfolio risk-return trade-off measures for investing on …

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 … systems. Learning about ideas such as civil protection and incorporating disaster risk management into school curricula are …