Catastrophe Modeling: A New Approach To Managing Risk

E-Book Overview

This book fills a critical need in setting forth the role of modern risk analysis in managing catastrophe risk. There is no comparable reference work for this important subject area. The book is well written and well organized. It contains contributions from many of the most distinguished experts in the fields of risk analysis and risk management. It strikes a good balance between the technical aspects of the subject and the practical aspects of decision making.This book is strongly recommended for individuals who must make decisions regarding the management of impacts of catastrophe risks including those in both the public and private sector.

E-Book Content

CATASTROPHE MODELING: A NEW APPROACH TO MANAGING RISK Huebner International Series on Risk, Insurance, and Economic Security J. David Cummins, Editor The Wharton School University of Pennsylvania Philadelphia, Pennsylvania, USA Series Advisors: Dr. Phelim P. Boyle University of Waterloo, Canada Dr. Jean Lemaire University of Pennsylvania, USA Professor Akihiko Tsuboi Kagawa University, Japan Dr. Richard Zeckhauser Harvard University, USA Other books in the series: Cummins, J. David and Derrig, Richard A.: Classical Insurance Solvency Theory Borba, Philip S. and Appel, David: Benefits, Costs, and Cycles in Workers’ Compensation Cummins, J. David and Derrig, Richard A.: Financial Models of Insurance Solvency Williams, C. Arthur: An International Comparison of Workers’ Compensation Cummins, J. David and Derrig, Richard A.: Managing the Insolvency Risk of Insurance Companies Dionne, Georges: Contributions to Insurance Economics Dionne, Georges and Harrington, Scott E.: Foundations of Insurance Economics Klugman, Stuart A.: Bayesian Statistics in Actuarial Science Durbin, David and Borba, Philip: Workers’ Compensation Insurance: Claim Costs, Prices and Regulation Cummins, J. David: Financial Management of L
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