Every 10 years or so the US National Bureau of Economic Research gathers together top thinkers and practitioners on catastrophe risks for a special 1.5 day event to highlight cutting edge research in the field. * What are the key challenges and opportunities posed by extreme events today? * What have we learned in recent [...]
New Case study released! Abstract: Population Services International (PSI) is a leading global health organization with programs targeting malaria, child survival, HIV, reproductive health and non-communicable diseases. Working in partnership with the public and private sectors, and harnessing market practices, PSI provides life-saving products, clinical services and behavior change communications that empower the world’s most [...]
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The world has recently gone through rather extraordinary times. What are the top risks for 2012? Look at the 7th edition of the World Ecocomomic Forum GRR report, in collaboration with the Wharton Risk Center, MMC, SwissRe and Zurich. What are the top 50 risks this year? CLICK HERE TO WATCH FOR A RECENT INTERVIEW [...]
Recent interview in Knowledge@ Wharton (Dec 12, 2011). “After everything falls apart, the failures to act become obvious: Why didn’t somebody at Penn State do more to pursue allegations that former assistant football coach Jerry Sandusky was sexually abusing young boys? Didn’t anybody at MF Global Holdings notice that something was wrong before $1.2 billion [...]
ASIAN VOICES / Archives Program InfoArchives First program: Sep. 24, 2011 (plus multiple schedules in the fall). Dealing with Extreme Disruptions – Are We Ready for Anything? – This edition of Asian Voices comes to you from a meeting of the World Economic Forum in Dalian, China. The disaster in Japan this past March had [...]
Insurance Markets and Catastrophe Risk Conference Theme In recent years, a series of extreme events have caused large economic shocks, created substantial political and social challenges, and raised the prospect of higher risk and potential dislocation in the future. The recent financial crisis, natural disasters, terrorist acts, technological accidents, outbreaks of contagious diseases, medical advances [...]
by Erwann Michel-Kerjan – The Washington Post – 09/15/2011 “The world has entered a new era of catastrophes. Economic losses from hurricanes, earthquakes and resulting tsunamis, floods, wildfires and other natural disasters increased from $528 billion (1981-1990) to more than $1.2 trillion over the period 2001-2010. The 9.0 earthquake and massive tsunami in Japan this [...]
“Even if you don’t live on the storm-ravaged East Coast, Hurricane Irene is going to cost you. The storm left behind an enormous swath of destruction, with early estimates pegging the damage between $2 billion and $7 billion. And taxpayers will be left footing much of the rebuilding bill. That higher-than-necessary bill can be blamed [...]
As Hurricane Irene hit landfall, the first priority is to make sure no one is hurt. Disaster preparedness services have done a very good job at making sure the debacle of Hurricane Katrina does not repeat itself. Results are evident as one looks at the very low number of casualties. Hurricane Katrina killed 1,300. (Sources: [...]