2012 World Economic Forum Global Risks Report just released today! (Jan 2012)

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 […]

Knowledge@Wharton (Dec 2011): Don’t Mention It: How ‘Undiscussables’ Can Undermine an Organization

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 […]

One-hour joint interview on Japanese TV NHK. Dealing with extreme disruptions.

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 […]

Prepare yourself, natural disasters will only get worse (Washington Post, Sept 2011)

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 […]

Hurricane Irene leaves behind a bill for taxpayers (LA Times, Sept 2011)

“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 […]

Who Will Pay for Hurricane Irene? (August 2011)

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: […]

Reforming Flood Insurance (Just published in Science; July 2011)

THE $1.2 TRILLION US NATIONAL FLOOD INSURANCE PROGRAM IS SET TO EXPIRE ON SEPTEMBER 30, 2011. IN A NEW ARTICLE PUBLISHED THIS WEEK IN SCIENCE, DR. MICHEL-KERJAN AND HIS COLLEAGUE PROPOSE A NEW WAY TO THINK ABOUT FLOOD INSURANCE. Insurance and government assistance play central roles in ensuring economic and social resilience in the aftermath […]

Earthquake Risk Financing – Paris, June 23-24, 2011

As a result of the series of massive quakes that occurred around the world in recent past (Haiti, Chile, Mexico, New Zealand, Japan), the OECD Secretary General’s Board on Financial Management of Catastrophes organizes a high-level roundtable on earthquake risk financing and national strategy for governments at the OECD headquarters this week. This is an […]

Panel on Adaptation to Climate Change. Washington, DC. June 1.

CLICK HERE.

Japan and other extreme events: What does it mean for YOU the business world? (March 23, 2011)

How to prepare to extreme events? CLICK HERE to upload the video (will take 30 seconds or so)