SCOR Global P&C Guide to Hurricanes: An introduction to quantifying the hazard and managing the peril
ثبت نشده
چکیده
2005 Hurricane Katrina: The extended flooding reminded insurers that storm surge is possibly the most serious threat posed by hurricanes both in terms of human life (WMO, 2007) and in terms of damages (Knutson, et al., 2010). Moreover, the important role engineering (levee design) plays in these situations was highlighted. Casinos floating on barges were swept inland by the surge. These aspects helped emphasize the need for better representation of non-modelled components in Cat models and the need to better understand exposures.
منابع مشابه
Management Certainly Matters, and There Are Multiple Ways to Conceptualize the Process; Comment on “Management Matters: A Leverage Point for Health Systems Strengthening in Global Health”
The authors of “Management matters: a leverage point for health systems strengthening in global health,” raise a crucial issue. Because more effective management can contribute to better performing health systems, attempts to strengthen health systems require attention to management. As a guide toward management capacity building, the authors outline a comprehensive set of core management compe...
متن کاملManaging Environmentally Conscious in Designing Closed-loop Supply Chain for the Paper Industry
High amounts of waste paper are disposed of every year in Iran posing the health hazard and environmental damages instead of being recovered. Collection, recovery and proper disposal of waste paper without damaging the environment need to design an efficient closed-loop supply chain network. The main objective of this paper is introducing a bi-objective, multi-echelon, multi-product and single-...
متن کاملQuantifying Insurance Terrorism Risk
The World Trade Center disaster was a stark reminder to the insurance industry of the potential dire consequences of accumulating high concentrations of insured value and underestimating a hazard to which they are exposed. By imposing strict coverage limits, or stopping to offer terrorism cover for large commercial policies, initial steps can be taken to address the accumulation problem. Subseq...
متن کاملIdentifying Tools and Methods For Risk Identification and Assessment in Construction Supply Chain
The construction project is a business full of risk in every process due to its complexity, changes, and involvement from various stakeholders. One of the critical risks in the construction project is in the supply chain. Identifying and assessing the risk with the right tools and methods in that area will inevitably affect the success of the project. Unfortunately, the research for the tools a...
متن کاملApplication of SCOR Model in an Oil- producing Company
Supply Chain Operations Reference (SCOR) model is developed and maintained by the Supply Chain Council (SCC). The model is a reference model which can be utilized to map benchmark and improve the supply chain operations. SCOR model provides companies with a basic process modeling tool, an extensive benchmark database by defining a set of supply chain metrics. This paper explains the process and...
متن کامل