Getting to grips with non-modelled perils
Expert lectures on tsunamis, volcanoes and landslides followed by drinks and canapés
Aon Benfield UCL Hazard Centre is hosting a half-day seminar on non-modelled perils to help insurers explore the risks of volcanoes, landslides and tsunamis that could impact their portfolios. Our experts address:
Tsunami: the tide is turning
The tsunamis resulting from the 2010 Chile and 2011 Tohoku giant earthquakes have highlighted their capability of causing large insurance losses. This seminar will reviews the processes that cause tsunamis, the varying size and impacts, building codes and how catastrophe models can be adapted for the insurance industry.
When will sleeping volcanoes wake?
Volcanoes erupt at long enough intervals for populations and businesses to risk settling within range. Hence, a volcano may not have triggered large insured losses recently but the potential for disaster remains. We focus on hotspots such as Japan, New Zealand, North West U.S., Chile and Italy in relation to return periods, magnitudes and the challenges of different types of eruptions.
Land that slips and slides
Landslides are the most widespread natural hazard but normally represent only a localised risk. While triggers are well known, landslides are inherently difficult to model because they are location-specific due to the variability, heterogeneity and complexity of landsliding environments. The seminar will examine the distribution and causes of landslides, plus the challenges of assessing their impacts.