Natural disasters and the challenge of extreme events: risk management from an insurance perspective.

@article{Smolka2006NaturalDA,
  title={Natural disasters and the challenge of extreme events: risk management from an insurance perspective.},
  author={Anselm Smolka},
  journal={Philosophical transactions. Series A, Mathematical, physical, and engineering sciences},
  year={2006},
  volume={364 1845},
  pages={2147-65}
}
  • Anselm Smolka
  • Published 2006 in
    Philosophical transactions. Series A…
Loss statistics for natural disasters demonstrate, also after correction for inflation, a dramatic increase of the loss burden since 1950. This increase is driven by a concentration of population and values in urban areas, the development of highly exposed coastal and valley regions, the complexity of modern societies and technologies and probably, also by the beginning consequences of global warming. This process will continue unless remedial action will be taken. Managing the risk from… CONTINUE READING