Related papers: A Natural Disasters Index
1.3 million household fires, 3,400 civilian deaths, and 23 billion dollars in damage, a fire department is called to respond every 24 seconds. Many firefighters are injured during search and rescue operations due to hidden dangers.…
Flood risk changes in time and is influenced by both natural and socio-economic trends and interactions. In Europe, previous studies of historical flood losses corrected for demographic and economic growth ("normalized") have been limited…
Fisheries are vulnerable to environmental shocks that impact stock health and fisher income. Index insurance is a promising financial tool to protect fishers from environmental risk. However, insurance may change fisher's behavior. It is…
Insurance risk arising from catastrophes such as earthquakes a component of the Minimum Capital Test for federally regulated property and casualty insurance companies. Analyzing earthquake insurance risk requires well-fitted spatio-temporal…
Integrated Assessment Models (IAMs) of the climate and economy aim to analyze the impact and efficacy of policies that aim to control climate change, such as carbon taxes and subsidies. A major characteristic of IAMs is that their…
Climate change has largely impacted our daily lives. As one of its consequences, we are experiencing more wildfires. In the year 2020, wildfires burned a record number of 8,888,297 acres in the US. To awaken people's attention to climate…
Using lightning strikes as an example, two possible schemes are discussed for the attribution of changes in event frequency to climate change, and estimating the cost associated with them. The schemes determine the fraction of events that…
Predictions of thunderstorm-related hazards are needed in several sectors, including first responders, infrastructure management and aviation. To address this need, we present a deep learning model that can be adapted to different hazard…
Individual and community psychology plays an important role in disaster management as human behavior exhibit diverse risk perceptions, recognition of the threats that exists, positive and negative emotions, panic, anger, rumor, stress and…
While it is well-documented that climate change accepters and deniers have become increasingly polarized in the United States over time, there has been no large-scale examination of whether these individuals are prone to changing their…
We study the rough asymptotic behaviour of a general economic risk model in a discrete setting. Both financial and insurance risks are taken into account. Loss during the first $n$ years is modelled as a random variable…
This note presents a kind of the strong law of large numbers for an insurance risk caused by a single catastrophic event rather than by an accumulation of independent and identically distributed risks. We derive this result by a large…
Weather extremes are a major societal and economic hazard, claiming thousands of lives and causing billions of dollars in damage every year. Under climate change, their impact and intensity are expected to worsen significantly.…
Disasters impact communities through interconnected social, spatial, and physical networks. Analyzing network dynamics is crucial for understanding resilience and recovery. We highlight six studies demonstrating how hazards and recovery…
Weather conditions can drastically alter the state of crops and rangelands, and in turn, impact the incomes and food security of individuals worldwide. Satellite-based remote sensing offers an effective way to monitor vegetation and climate…
As drought is among the natural hazards which affects people and economies worldwide and often results in huge monetary losses sophisticated methods for drought monitoring and decision making are needed. Several different approaches to…
The financial sector is increasingly concerned with the physical risks of climate change, but economic and financial impact representations are still developing, particularly for chronic risks. Mexico's Central Bank conducted a…
Climate change is a major threat to humanity, and the actions required to prevent its catastrophic consequences include changes in both policy-making and individual behaviour. However, taking action requires understanding the effects of…
Statistical physics and dynamical systems theory are key tools to study high-impact geophysical events such as temperature extremes, cyclones, thunderstorms, geomagnetic storms and many more. Despite the intrinsic differences between these…
Climate change is the long-term shift in global weather patterns, largely caused by anthropogenic activity of greenhouse gas emissions. Global climate temperatures have unmistakably risen and naturally occurring climate variability alone…