Catastrophic risk

Acknowledgments
About the author

Part 1: Identification And Analysis Of Catastrophic Risk

1. Catastrophe and Risk
1.1 Introduction
1.2 The nature of catastrophe
1.3 The scope of impact
1.4 Catastrophe and the risk management framework
1.5 Overview of the book

2. Risk Identification I: Perils
2.1 Natural catastrophe
2.2 Man-made catastrophe
2.3 Mega-catastrophe and clash loss

3. Risk Identification II: Regional Vulnerability
3.1 Spatial impact of natural catastrophes
3.2 Spatial impact of man-made catastrophes
3.3 Urban vulnerabilities

4. Modelling Catastrophic Risk
4.1 The development and use of models
4.2 The goals of catastrophe modelling
4.3 General model construction
4.4 Challenges

Part 2: Management Of Catastrophic Risk

5. Catastrophe and the Risk Management Framework
5.1 Active risk management
5.2 Risk monitoring
5.3 Private and public sector efforts
5.4 Sources of capital
5.5 Toward active risk management

6. Catastrophe Insurance and Reinsurance
6.1 Insurable risk and insurance
6.2 Catastrophe insurance
6.3 Reinsurance
6.4 Catastrophe reinsurance
6.5 Market cycles
6.6 Internal risk management
6.7 Challenges

7. Catastrophe Bonds and Contingent Capital
7.1 Overview of securitization
7.2 Catastrophe bonds
7.3 Contingent capital
7.4 Challenges

8. Catastrophe Derivatives
8.1 Overview of derivatives
8.2 Exchange-traded catastrophe derivatives
8.3 OTC Catastrophe derivatives
8.4 Challenges

9. Public Sector Management and Financing
9.1 Forms of public sector involvement
9.2 Challenges

10. Outlook and Conclusions
10.1 Loss control
10.2 Quantification
10.3 Loss financing
10.4 Government participation
10.5 General management

Bibliography
Index