-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 …

underlying assumptions and logic may focus on related implications for compliance, controls, valuation, risk management, etc … risk models. The important point is that many such fundamental assumptions and logic underlying widely used probabilistic …

The severity of extreme weather events is increasing due to climate change, giving rise to physical climate risk …. However, physical climate risk is not only driven by the severity of individual hazards, but also by the interdependence of …/Snow, Landslide, Tornado, and Wildfire. We empirically estimate the tail risk of multi-hazard portfolios for the limiting cases of …

substantial impact of doing so. In short, the risk climate can and should be incorporated in a stress test. Second, we provide a … to a trade-off between the competing objectives of minimizing risk and maximizing return. We achieve this with a scenario …-constrained mean-variance optimization that can incorporate extreme risk and other non-Gaussian effects. We illustrate our methods in …

“Climate change adaptation”, “building resilience” and “vulnerability and risk reduction” are noble words, but do we … questions. The world has recently experienced disasters of a magnitude rarely seen before: the cascading disaster in Japan, the …- and non-climate-related, sudden-onset and creeping hazards will most likely increase the risk of crises and disasters in …