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The All-Peril Cat Five
Why the Saffir-Simpson Hurricane Intensity Scale had five levels we don’t know. The digits on a hand? Better than three, but lower resolution…
The Age of Innocence
Professor Ilan Noy holds a unique ”Chair in the Economics of Disasters” at the Victoria University of Wellington, New Zealand. He has proposed…
New Zealand Earthquake Risk: It’s All in the Det...
Across the global risk management community, we are bombarded by new information every day. As risk professionals we have to prioritize how we…
How Will Insurers Be Affected by Changes in New ...
Around 98 percent of residential homes in New Zealand have earthquake insurance. This remarkable achievement is due to a unique partnership…
Will California be “Puerto Rico” or “New Orleans”?
It is now exactly a quarter of a century, on January 17, 1994, since the last significant U.S. earthquake disaster. A previously unknown blind…
The Problem of Real and Unreal Tsunamis
Indonesia was beset by disasters in 2018, including two high casualty local tsunamis: in coastal western Sulawesi – impacting the city of Palu…