Effective Structure of Reinsurance Function for Disaster Risk in the Asia-Oceania Region

2015 ◽  
Vol 0 (0) ◽  
Author(s):  
Nobuhiro Kato
Keyword(s):  
Financial Markets ◽  
Natural Disasters ◽  
Natural Disaster ◽  
Risk Control ◽  
Disaster Risk ◽  
Global Community ◽  
Integrated Framework ◽  
Regional Partnership ◽  
Financial Insurance ◽  
Sustainable Insurance

AbstractIn the Asia-Oceania region with its vulnerable infrastructure, people continue to suffer from natural disasters such as earthquakes, cyclones or floods. In order to construct resilient society, the risk control for prevention-reduction of disasters and the risk finance for restoration and revival is indispensable. This article shows the necessity of building reinsurance functions which enables the underwriting of natural disasters in this area and arrangements of its requirements and conditions. The improvement of infrastructure for natural disaster and the alleviating of poverty are the premises of these issues and have close relations with developing financial markets and diversifying financial-insurance measures. This article shines light on the integrated framework of these factors and the methodology. Ensuring resilience against natural disaster must be shared objectives among the countries in this region with low insurance diffusion and multifarious backgrounds of economy, society and culture. The regional partnership and the support of the global community should play an important role for ensuring resilience. Building the reinsurance function of natural disasters in this region follows the same path with the realization of “Principles for Sustainable Insurance”.

The health impact of natural disasters

2018 ◽  
pp. 207-214
Author(s):  
Eric K. Noji ◽  
Anas A. Khan
Keyword(s):  
Natural Disasters ◽  
Risk Reduction ◽  
Natural Disaster ◽  
Disaster Risk Reduction ◽  
Current Knowledge ◽  
Health Impact ◽  
Disaster Risk ◽  
Knowledge Practice ◽  
Natural Disaster Risk ◽  
Comprehensive Framework

The complex and multifaceted nature of health risks secondary to natural disasters will require innovative, holistic, and problem-oriented approaches to risk and disaster management. The Hyogo Framework for Action 2005–2015 (HFA), the goal of which is to strengthen the resilience of nations and communities to natural disasters, is the inspiration for much of the current knowledge, practice, implementation, experience, and the science for natural disaster risk reduction. Natural disaster risk reduction offers a comprehensive framework where stakeholders can take coherent and complementary actions through political, social, technological, economic, and humanitarian processes to build resilience. The aim of the recent Hyogo initiative is to globally increase resilience and reduce vulnerability. This chapter will describe the current state of knowledge of the health consequences of natural disasters, the implications of these consequences for policy, and conclude with recommendations for action.

Study of Natural Disasters Contract Conditions Based on the FIDIC Criteria

2012 ◽  
Vol 238 ◽  
pp. 558-561
Author(s):  
Zhang Lin Guo ◽  
Hua Zhang
Keyword(s):  
Global Warming ◽  
High Temperature ◽  
Natural Disasters ◽  
Natural Disaster ◽  
Risk Sharing ◽  
Construction Projects ◽  
Disaster Risk ◽  
Building Construction ◽  
Project Construction ◽  
Natural Disaster Risk

In the trend of global warming, storms, hurricanes, high temperature and other extreme weather phenomena occur frequently. In the field of project construction, the assets value of the building is exposed, so the construction projects are very vulnerable to natural disasters causing huge losses. Who bears in the both sides of engineering contract, the reasons and consequences of the loss and the specific responsibilities are ambiguous without clearly defined. This paper states the importance to grasp the principle of appropriate risk sharing and explain both responsibilities clearly in natural disasters, how to choose appropriate method to evaluate the natural disaster risk and select suitable building construction contract.

scholarly journals The Impact of Financial Preparation and Disaster Experience on Households’ Disaster Risk Perception: Empirical Evidence from Quang Binh Province, Vietnam

2021 ◽  
Vol 8 (5) ◽  
pp. 344-356
Author(s):  
Tam T. Le ◽  
Trang T.H. Thai ◽  
Thao P. Do
Keyword(s):  
Risk Perception ◽  
Natural Disasters ◽  
Natural Disaster ◽  
Negative Impact ◽  
Positive Impact ◽  
Disaster Risk ◽  
Disaster Experience ◽  
Financial Preparation ◽  
Natural Disaster Risk ◽  
The Impact

This paper is aimed at analysing the impacts of financial preparation and disaster experience on households’ disaster risk perception, including perceptions of likelihood and severity in Quang Binh Province of Vietnam, one of the areas strongly affected by natural disasters and climate change. With the data from direct surveying 308 households in Quang Binh province, the research methodology includes Cronbach’s Alpha, EFA and OLS regression models. The key findings are: First, disaster experience has positive impact on natural disaster risk perception. Second, financial preparation has negative impact on natural disaster risk perception. Third, the risk of natural disasters in Quang Binh Province are increasing and unpredictable due to rapid economic growth and urbanization. This fact requires the Government, provincial commitees, and stakeholders to go beyond traditional coping methods, implement more customized policies and specific actions to try to reduce the risks of natural disasters. Keywords: disaster risk, disaster risk perception, financial preparation, disaster experience.

Risk assessment and comparison of regional natural disasters in China using clustering

2020 ◽  
Vol 14 (3) ◽  
pp. 349-357
Author(s):  
Ning Chen ◽  
Yingchao Ma ◽  
Chaosheng Tang ◽  
An Chen ◽  
Xiaohui Yao
Keyword(s):  
Natural Disasters ◽  
Natural Disaster ◽  
Hybrid Approach ◽  
Disaster Risk ◽  
Second Stage ◽  
The Past ◽  
Variation Patterns ◽  
The World ◽  
Regional Risk ◽  
The Given

Natural disaster that contributes to the economic crisis all over the world has a crucial role in emergency management. The assessment of regional risk to natural disasters is normally studied as a multi-criteria decision making (MCDM) problem in the literature. However little effort was devoted into the comparison of temporary disaster risk of regions. In this paper, a hybrid approach is proposed integrating MCDM and clustering for evaluating and comparing the regional risk to natural disasters. Our two-stage method is applied to thirty-one Chinese regions over the past two consecutive years. In the first stage MCDM is used to prioritize the regions yearly yielding a set of risk vectors over the given period. In the second stage, K-means clustering is applied to divide the regions into a number of clusters characterized by different risk variation patterns. The derived patterns reveal the variation of regions in perspective of natural disaster risk and therefore offer valuable suggestions for disaster risk reduction.

Natural disasters, mitigation investment and financial aid

2016 ◽  
Vol 21 (5) ◽  
pp. 603-625
Author(s):  
Rainer Andergassen ◽  
Luigi Sereno
Keyword(s):  
Natural Disasters ◽  
Financial Aid ◽  
Risk Reduction ◽  
Emergency Response ◽  
Disaster Risk Reduction ◽  
Optimal Investment ◽  
Disaster Risk ◽  
Optimal Timing ◽  
Investment Size ◽  
Financial Insurance

AbstractWe consider firms facing the risk of natural disasters and study their problem of investing in mitigation if financial insurance is not available. The firms' problem is to choose the optimal timing and size of the investment. The timing problem leads to a critical productivity size where firms above it invest in mitigation while firms below the threshold decide to not invest. We investigate how cash aid such as emergency response, and in-kind aid such as reconstruction, rehabilitation or disaster risk reduction investments, affect the critical productivity threshold and the optimal investment size and characterize the international donor's optimal charity strategy.

Ecosystem-based approaches to disaster risk reduction in Japan: transdisciplinary research and actions

2020 ◽  
Author(s):  
Takehito Yoshida
Keyword(s):  
Natural Disasters ◽  
Risk Reduction ◽  
Natural Disaster ◽  
Human Population ◽  
Disaster Risk Reduction ◽  
Population Decline ◽  
Disaster Risk ◽  
Rapid Decline ◽  
Ongoing Research ◽  
Ample Opportunity

<p>Natural disasters occur at an increasing rate probably due to the ongoing climate change, and adaptation to natural disaster risks is a key to the sustainability of local communities in Japan. At the same time, Japan is experiencing a rapid decline of human population and consequent aging. Ecosystem-based approaches to disaster risk reduction (Eco-DRR) takes advantage of the multi-functionality of ecosystems and biodiversity, including their capacity to mitigate natural disasters while providing multiple ecosystem services, and population decline provides ample opportunity for implementing Eco-DRR. We are developing practical solutions for implementation of Eco-DRR by visualizing natural disaster risks, evaluating multi-functionality of Eco-DRR solutions, conducting transdisciplinary approaches in collaboration with diverse stakeholders, and advocating traditional and local knowledge of disaster risk reduction. I will talk about some progress of our ongoing research project in RIHN (Research Institute for Humanity and Nature), Japan.</p>

Natural Disaster Risk Management and Sustainable Development Research of Huangshan Scenic Area

2013 ◽  
Vol 709 ◽  
pp. 735-739
Author(s):  
Shan Feng Hu ◽  
Hong Bing Zhu ◽  
Yu Wang
Keyword(s):  
Sustainable Development ◽  
Risk Management ◽  
Natural Disasters ◽  
Natural Disaster ◽  
Disaster Risk ◽  
Disaster Risk Management ◽  
Emergency Rescue ◽  
Rescue Team ◽  
Investigation Methods ◽  
Natural Disaster Risk

The paper takes Huangshan scenic area as the research object and uses depth interviews and field investigation methods to analyze its natural disaster risk management situation. The research shows that the natural disasters in Huangshan scenic area can be divided into three main types: geological disasters, meteorological and hydrological disasters and forest disasters. Then, the paper summarizes the experience in dealing with natural disasters, including the establishment of Huangshan Scenic Area Disaster Management Center, Scenic lightning monitoring and warning system, and emergency rescue team. Finally, the paper brings up countermeasures for sustainable development of the scenic area from five aspects: enhancing the risk management awareness, using new technology, strengthening stakeholder management and improving the emergency rescue team mechanism.

scholarly journals DISASTER RISK MANAGEMENT in PALU CITY

2019 ◽  
Author(s):  
muhammad ahsan samad
Keyword(s):  
Natural Disasters ◽  
Natural Disaster ◽  
Disaster Management ◽  
Disaster Risk ◽  
Disaster Mitigation ◽  
Tsunami Disaster ◽  
Community Preparedness ◽  
The Many ◽  
The City

Palu City is one of the provincial capitals in Indonesia which is right on the Equator line. In addition, this city is one of the many regions in the eastern part of Indonesia that have a considerable potential for natural disasters. The natural disaster that occurred in Palu on September 28, 2018 consisted of three types of disasters, the first was an earthquake, the second tsunami and the last was liquefaction. This natural disaster caused damage to supporting infrastructure and thousands of people died. The large number of fatalities illustrates that the preparation and preparedness of the community and local government authorities are still low, mainly due to a lack of knowledge and concern for these natural phenomena and their consequences. The earthquake and tsunami disaster that took place in the city of Palu Sigi and Donggala was a momentum to change the paradigm of disaster management by increasing community preparedness. This research tells the story of the phenomenon of the three natural disasters, also tried to explain the steps and design of disaster mitigation. Disaster Mitigation must be implemented to reduce the risk of natural disasters. Public policy about community preparedness towards disaster management is very important and urgent to do in order to reduce disaster risk. Disaster cases in Palu City as a case study are considered relevant for the implementation of disaster management systems.

scholarly journals FRAMEWORK FOR INDICATOR-BASED OPTIMIZATION OF DISASTER RISK MANAGEMENT IN LOCAL COMMUNITIES

2017 ◽  
pp. 011
Author(s):  
Goran Janaćković ◽  
Suzana Savić ◽  
Miomir Stanković
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Natural Disasters ◽  
Natural Disaster ◽  
Local Level ◽  
Disaster Risk ◽  
Local Communities ◽  
Risk Indicators ◽  
Accident Risk ◽  
Key Indicators

The effects on functioning of the society and consequences of natural disasters and technological accidents require preparedness and rapid response. Disaster management is defined by decisions based on situation description and potential dangers. Risk assessment is performed at various levels, from national to local. This paper presents a framework to optimize natural disaster and technological accident risk management at local level based on application of risk indicators. The method of multi-criteria analysis is applied, and key indicators that best describe the risks at the level of local communities in Serbia were chosen. The results show the importance of raising the resilience of local communities to disasters, primarily in the areas of planning and capacity building. 

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