Munich re tools for standardised Nat Cat data collection and hazard mapping - PowerPoint PPT Presentation

munich re tools for standardised nat cat data collection and hazard mapping l.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Munich re tools for standardised Nat Cat data collection and hazard mapping PowerPoint Presentation
Download Presentation
Munich re tools for standardised Nat Cat data collection and hazard mapping

play fullscreen
1 / 32
Munich re tools for standardised Nat Cat data collection and hazard mapping
899 Views
Download Presentation
terri
Download Presentation

Munich re tools for standardised Nat Cat data collection and hazard mapping

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. Munich re tools for standardised Nat Cat data collection and hazard mapping 2nd Conference of the OECD International Network on the Financial Management of Large Scale Catastrophes Peter Hoeppe Geo Risks Research/Corporate Climate Centre

  2. Munich Re NatCatSERVICE – One of the world‘s most comprehensive databases on natural catastrophes • From 1980 until today all loss events • For USA and selected countries in Europe all loss events since 1970 • Retrospectively all Great Natural Catastrophes since 1950 • In addition all major historical events starting from 79 AD – eruption of Mt.Vesuvio (3,000 historical data sets) • Currently more than 26,000 events documented Natural catastrophes 2008 Earthquake, tsunami,volcanic eruption Storm Flood Extreme temperature (heat wave, forest fires) Great natural catastrophes: Earthquake China Hurricane Ike Cyclone Nargis Winter damage China © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  3. MR NatCatSERVICE Breakdown into catastrophe categories * Losses adjusted to the decade average. © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  4. MR NatCatSERVICEEntry details: example Hurrikan Ike Separate entriesfortheaffected countries © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  5. MR NatCatSERVICEEntry details: example Hurrican Ike Affectedpeople Affected buildings Affected lines of business Affected infrastructure Numberoffatalities Event description © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  6. MR NatCatSERVICEExample: Hurrican Ike - Damages Overall losses 30/o09/2008 Insuredlosses © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009 Munich Re share Additional lossinformation

  7. CRED MR NatCatSERVICEMethodology Expert Consultation Harmonizing terminology of disaster perils © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  8. MR NatCatSERVICEStructure – peril families Family Main event Sub Peril Geophysical Earthquake Volcanic eruption Mass movement dry Earthquake (Ground shaking) Fire following Tsunami Meteorological Hydrological Volcanic eruption Climatological Subsidence Rockfall Landslide © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  9. MR NatCatSERVICEStructure – peril families Family Main event Sub Peril Tropical cyclone Winter storm (extratropical cyclone) Tempest/Severe storm Hail storm Lightning Tornado Localwindstorm (orographicstorm) Sandstorm/Duststorm Blizzard/Snowstorm Geophysical Storm Meteorological Hydrological Climatological © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  10. MR NatCatSERVICEStructure – peril families Family Main event Sub Peril General flood Flash flood Storm surge Glaciallakeoutburstflood Geophysical Meteorological Flood Mass movement wet Hydrological Subsidence Avalanche Landslide Climatological © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  11. MR NatCatSERVICE Structure – peril families Family Main event Sub Peril Heat wave Cold wave / frost Extreme winter conditions Geophysical Meteorological Extreme temperature Drought Wildfire Hydrological Drought Climatological Wildfire Unspecified © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  12. MR NatCatSERVICESources Insurance Science Government, UN, EU, NGOs News-Agencies Meteorological Services © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  13. Great natural catastrophes 1950 – 2008Percentage distribution worldwide 285 Loss events 2,000,000 Fatalities Overall losses* US$ 1,970bn Insuredlosses* US$ 410bn *in 2008 values *in 2008 values Geophysical events (Earthquake, tsunami,volcanic eruption) Meteorological events(Storm) Hydrological events(Flood, mass movement) Climatological events(Extreme temperature, drought, forest fire) © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  14. MR NatCatSERVICEServices & Analysis Thematic maps © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  15. MR NatCatSERVICEDownload-Center 2008: 30 000 Downloads Thereare50documentsavailable in eachlanguageversion © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  16. MR NatCatSERVICEAccess&User Clients Analysts, investors Staff NatCatSERVICE Science General public Political committees © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  17. NATHAN Web-based tool for risk analysis on natural perils worldwide plus additional information on major disasters and country profiles © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  18. MR NatCatSERVICEServices NATHAN - lossinformation © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

  19. World Map of Natural Hazards/Globe of Natural Hazards – DVD / Wall map / Folding map

  20. Globe of Natural Hazards 2009 – Products Wall map/Foldingmap – World Mapof Natural Hazards

  21. Globeof Natural Hazards 2009 – Products DVD – Globe of Natural Hazards

  22. Globeof Natural Hazards 2009 Whatisnew? Knowledge in a state of flux All global hazard maps have been updated

  23. Globeof Natural Hazards 2009 Whatisnew? Topics like flood and climate change are fully integrated New hazards

  24. Globeof Natural Hazards 2009 Whatisnew? Power function supplies quick information on situation regarding natural hazards and climate change for any location on earth Hazard pointer

  25. Globeof Natural Hazards 2009 Whatisnew? Knowledge can be displayed with a satellite image in the background View from space

  26. Globeof Natural Hazards 2009 Whatisnew? Networked knowledge Complex topics like risk management of natural hazards and climate change are linked in a sophisticated manner

  27. Global Earthquake Model (GEM)Features An internationally sanctioned program initiated by the OECD, aiming to build an independent, open standard to calculate and communicate earthquake risk around the world Dynamic: an (updatable) model, not a map Global: covers also less developed/monitored areas according to uniform standards Open Access: a (transparent) tool to use for everybody Public Private Partnership: combining the strenghts of both sectors

  28. Leading Scientific Institutes Zurich Industry International Scientific Organisations GEM: A Public-Private Partnership Intergovernmental and Governmental EU

  29. GEM goals GEM is not an academic exercise. The goal is to convert “knowledge into action”. => Assess and monitor risk globally, especially in less well served regions => Raise risk awareness => Stimulate risk mitigation => Save lives, reduce losses and distribute the financial burden To achieve GEM’s goals we need “local champions”

  30. GEM Setup GEM integratesdevelopmentsattheforefrontofseismologicaland engineeringknowledge inthreeinterconnectedmodules • Probability of direct • financial loss SOCIO- ECONOMIC IMPACT € HAZARD RISK • Building • inventories • Vulnerabilities • Probability of damage • Probability of • loss of lives • Probability of • earthquake • occurrence • Probability of indirect financial loss • Probability of • ground motion Earthquake probabilities Building Code input Earthquake impact User awareness of risk Financial toolsCost-Benefit Analysis

  31. 5m€ Founding sponsor, Munich Re 15m€ 15m€ Other sponsors (in progress) Public Funds (in progress) GEM Funding Scheme • 5-yr Build-up phase: 35 m€ • Secretariatand global infrastructure • Global components • Regional implementation • Annual maintenance and operation: 2 m€/yr

  32. Thankyou!