Related papers: A Natural Disasters Index
This paper studies natural disasters and the psychological costs of climate change. It presents what we believe to be the first evidence that higher temperature variability and not a higher level of temperature is what predicts natural…
Wildfire events have caused severe losses in many places around the world and are expected to increase with climate change. Throughout the years many technologies have been developed to identify fire events early on and to simulate fire…
India is one of the worst affected countries in the world in terms of fatalities and economic damage due to natural disasters, particularly floods. For planning flood mitigating and relief measures, granular historical information on a…
This paper is a follow-up to our earlier study, Natural Disasters in Canada (2017). We analyze the Canadian Disaster Database (CDD) to examine the frequency and severity of various natural disasters over the past 120 years and to identify…
Climate-related phenomena are increasingly affecting regions worldwide, manifesting as floods, water scarcity, and heat waves, significantly impairing companies' assets and productivity. It is essential for asset managers to quantify the…
Hurricanes rank among the most destructive natural hazards. They are complex phenomena that can cause both direct damage along their path and indirect impacts due to heavy rainfall and strong winds, with effects varying according to…
Insurance industry is one of the most vulnerable sectors to climate change. Assessment of future number of claims and incurred losses is critical for disaster preparedness and risk management. In this project, we study the effect of…
Natural hazards can considerably impact the overall society of a country. As some degree of public sector involvement is always necessary to deal with the consequences of natural disasters, central governments have increasingly invested in…
The use of satellite imagery has become increasingly popular for disaster monitoring and response. After a disaster, it is important to prioritize rescue operations, disaster response and coordinate relief efforts. These have to be carried…
Driven by the increasing frequency and intensity of natural disasters and chronic climate threats, we investigate the impact of physical climate risk on global equity portfolios. By employing a panel regression analysis on sectoral returns,…
Storms and other severe weather events can result in fatalities, injuries, and property damage. Therefore, preventing such outcomes to the extent possible is a key concern, and the scientific community faces an increasing demand for…
Climate extreme events are constantly increasing. What is the effect of these potentially catastrophic events on insurance demand in Italy, with particular reference to the economic activities? Extreme precipitation events over most of the…
Floods rank among the costliest natural hazards, causing over USD 100 billion in insured losses between 2013 and 2023. In France, persistent deficits in the natural catastrophe scheme highlight the need for accurate, building-scale flood…
Wildfire is one of the biggest disasters that frequently occurs on the west coast of the United States. Many efforts have been made to understand the causes of the increases in wildfire intensity and frequency in recent years. In this work,…
We propose an index to quantify and analyse the impact of climatological variability on the energy system at different timescales. We define the Climatological Renewable Energy Deviation Index (CREDI) as the cumulative anomaly of a…
There are numerous geo-climatic and human factors that contribute to the occurrence of natural disasters in the real-world scenario. Besides the study of causes and preconditions of such calamities, post-disaster analysis is essential for…
Crime can have a volatile impact on investments. Despite the potential importance of crime rates in investments, there are no indices dedicated to evaluating the financial impact of crime in the United States. As such, this paper presents…
With climate change accelerating, the frequency of climate disasters is expected to increase in the decades to come. There is ongoing debate as to how different climatic regions will be affected by such an acceleration. In this paper, we…
Extreme events, exacerbated by climate change, pose significant risks to the energy system and its consumers. However there are natural limits to the degree of protection that can be delivered from a centralised market architecture.…
Weather-related risk makes the insurance industry inevitably concerned with climate and climate change. Buildings hit by pluvial flooding is a key manifestation of this risk, giving rise to compensations of the induced physical damages and…