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The escalating frequency and severity of natural disasters, exacerbated by climate change, underscore the critical role of insurance in facilitating recovery and promoting investments in risk reduction. This work introduces a novel Adaptive…

Optimization and Control · Mathematics 2024-05-14 Dimitris Bertsimas , Cynthia Zeng

Detecting changes on the Earth, such as urban development, deforestation, or natural disaster, is one of the research fields that is attracting a great deal of attention. One promising tool to solve these problems is satellite imagery.…

Computer Vision and Pattern Recognition · Computer Science 2022-03-03 Waku Hatakeyama , Shirou Kawakita , Ryohei Izawa , Masanari Kimura

Effective decision-making for crisis mitigation increasingly relies on visualisation of large amounts of data. While interactive dashboards are more informative than static visualisations, their development is far more time-demanding and…

Human-Computer Interaction · Computer Science 2021-07-28 Raphael Lepuschitz , Niklas Stoehr

The precise and large dataset concerning catastrophic events is very important for insurers. To improve the quality of such data three methods based on the bootstrap, bootknife, and GAN algorithms are proposed. Using numerical experiments…

Machine Learning · Computer Science 2025-11-05 Norbert Dzadz , Maciej Romaniuk

Predicting future probable values of model parameters, is an essential pre-requisite for assessing model decision reliability in an uncertain environment. Scenario Analysis is a methodology for modelling uncertainty in water resources…

Methodology · Statistics 2013-04-17 Seyed Hamed Alemohammad , Reza Ardakanian , Akbar Karimi

We propose a model for an insurance loss index and the claims process of a single insurance company holding a fraction of the total number of contracts that captures both ordinary losses and losses due to catastrophes. In this model we…

Pricing of Securities · Quantitative Finance 2018-05-17 Andreas Eichler , Gunther Leobacher , Michaela Szölgyenyi

Disasters often impact supply chains, leading to cascading effects across regions. While unaffected regions may attempt to compensate, their ability is constrained by their available production capacity and logistical constraints between…

General Economics · Economics 2025-08-04 Surender Raj Vanniya Perumal , Mark Thissen , Marleen de Ruiter , Elco E. Koks

New satellite sensors will soon make it possible to estimate field-level crop yields, showing a great potential for agricultural index insurance. This paper identifies an important threat to better insurance from these new technologies:…

Econometrics · Economics 2022-09-30 Matthieu Stigler , Apratim Dey , Andrew Hobbs , David Lobell

This paper introduces the first dataset of satellite images labeled with forage quality by on-the-ground experts and provides proof of concept for applying computer vision methods to index-based drought insurance. We also present the…

Computer Vision and Pattern Recognition · Computer Science 2020-04-27 Andrew Hobbs , Stacey Svetlichnaya

Accurate assessment of urban canopy coverage is crucial for informed urban planning, effective environmental monitoring, and mitigating the impacts of climate change. Traditional practices often face limitations due to inadequate technical…

Computer Vision and Pattern Recognition · Computer Science 2025-10-28 Anisha Dutta

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…

Computers and Society · Computer Science 2018-12-19 Jigar Doshi , Saikat Basu , Guan Pang

When major disaster occurs the questions are raised how to estimate the damage in time to support the decision making process and relief efforts by local authorities or humanitarian teams. In this paper we consider the use of Machine…

Computer Vision and Pattern Recognition · Computer Science 2018-03-02 Alexey Trekin , German Novikov , Georgy Potapov , Vladimir Ignatiev , Evgeny Burnaev

Reliable estimates of indirect economic losses arising from natural disasters are currently out of scientific reach. To address this problem, we propose a novel approach that combines a probabilistic physical damage catastrophe model with a…

UAV-based image retrieval in modern agriculture enables gathering large amounts of spatially referenced crop image data. In large-scale experiments, however, UAV images suffer from containing a multitudinous amount of crops in a complex…

Computer Vision and Pattern Recognition · Computer Science 2022-06-22 Maurice Günder , Facundo R. Ispizua Yamati , Jana Kierdorf , Ribana Roscher , Anne-Katrin Mahlein , Christian Bauckhage

This study proposes an approach for predicting the impacts of scenarios on food security and demonstrates its application in a case study. The approach involves two main steps: (1) scenario definition, in which the end user specifies the…

Machine Learning · Computer Science 2023-01-25 Rachid Belmeskine , Abed Benaichouche

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…

Numerical Analysis · Mathematics 2022-05-26 Sukeerthi Mandyam , Shanmuga Priya , Shalini Suresh , Kavitha Srinivasan

Weather parametric insurance relies on weather indices rather than actual loss assessments, enhancing claims efficiency, reducing moral hazard, and improving fairness. In the context of increasing climate change risks, despite growing…

Risk Management · Quantitative Finance 2024-09-26 Hang Gao , Shuohua Yang , Xinli Liu

When AI systems make errors in high-stakes domains like medical diagnosis or autonomous vehicles, a single algorithmic flaw across varying operational contexts can generate highly heterogeneous losses that challenge traditional insurance…

Machine Learning · Computer Science 2026-03-31 Dimitris Bertsimas , Agni Orfanoudaki

As climate change poses new and more unpredictable challenges to society, insurance is an essential avenue to protect against loss caused by extreme events. Traditional insurance risk models employ statistical analyses that are inaccurate…

Computational Engineering, Finance, and Science · Computer Science 2022-09-26 Subeen Pang , Chanyeol Choi

This paper presents a comprehensive examination of interactive data visualization tools and their efficacy in the context of United States car accident data for the year 2023. We developed interactive heatmaps, histograms, and pie charts to…

Human-Computer Interaction · Computer Science 2024-06-27 Hamoud Alhazmi , Marcelo Morales , Jiachen Jiang , Jinxin Zhou , Jian Chen
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