Zurich
Switzerland

Understanding the Risks of Extreme Events: Challenges in Risk Management of Natural Disasters

Organizer(s) ETH Risk Center
Venue
ETH Zürich, LEE Building, Leonhardstrasse 21
Date

Background

Although natural disasters are unpredictable, there is a well-established scientific and mathematical basis for managing natural disaster risk probabilistically. However, the variety of available models and parametrizations and the overall uncertainty in models, together with emerging risks (climate change, complexity of supply chains and growth of megacities in catastrophe prone areas) have been a persistent topic of discussion between public safety professionals, engineers, scientists, underwriters, risk managers and risk modelers. 

Intended Audience

The workshop will bring together experts from different industries, scientists, (re)insurers, governmental authorities in order to present and discuss the main challenges in modeling extreme natural events.

What's Included

The workshop is split into two parts:

First part: In this part, natural disasters will be presented mainly from the perspective of civil protection and public safety. Leading experts from both academia and public authorities will discuss their experiences on natural disaster risk evaluation and reduction.

Second part: In this part the discussion will focus on the financial impact of natural disasters. Professionals from different insurance market participants will share their views on challenges related to quantifying the risk of natural catastrophes and how catastrophe models could assist in taking risk informed decisions to be better prepared for future events. 

Each part will be followed by a moderated panel discussion initiating a broader dialogue on how decision makers from different industries could join efforts towards creating more resilient communities. 

How to Register

Please register for this event online.

Registration Deadline: 19.8.2016.

Due to limited space please register as early as possible. In case the event is fully booked please send your contact details to info-riskcenter@ethz.ch. There will be a waiting list. 

Attachments

Invitation [En] , English

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