High Risk Scenarios and Extremes

High Risk Scenarios and Extremes
Author: A. A. Balkema
Publisher: European Mathematical Society
Total Pages: 398
Release: 2007
Genre: Business & Economics
ISBN: 9783037190357

"Quantitative Risk Management (QRM) has become a field of research of considerable importance to numerous areas of application, including insurance, banking, energy, medicine, reliability. Mainly motivated by examples from insurance and finance, the authors develop a theory for handling multivariate extremes. The approach borrows ideas from portfolio theory and aims at an intuitive approach in the spirit of the Peaks over Thresholds method. The point of view is geometric. It leads to a probabilistic description of what in QRM language may be referred to as a high risk scenario: the conditional behaviour of risk factors given that a large move on a linear combination [portfolio, say] has been observed. The theoretical models which describe such conditional extremal behaviour are characterized and their relation to the limit theory for coordinatewise maxima is explained." "The book is based on a graduate course on point processes and extremes. It could form the basis for an advanced course on multivariate extreme value theory or a course on mathematical issues underlying risk. Students in statistics and finance with a mathematical, quantitative background are the prime audience. Actuaries and risk managers involved in data based risk analysis will find the models discussed in the book stimulating. The text contains many indications for further research."--BOOK JACKET.

Climate Extremes and Their Implications for Impact and Risk Assessment

Climate Extremes and Their Implications for Impact and Risk Assessment
Author: Jana Sillmann
Publisher:
Total Pages: 378
Release: 2019-11
Genre:
ISBN: 0128148950

Climate extremes often imply significant impacts on human and natural systems, and these extreme events are anticipated to be among the potentially most harmful consequences of a changing climate. However, while extreme event impacts are increasingly recognized, methodologies to address such impacts and the degree of our understanding and prediction capabilities vary widely among different sectors and disciplines. Moreover, traditional climate extreme indices and large-scale multi-model intercomparisons that are used for future projections of extreme events and associated impacts often fall short in capturing the full complexity of impact systems. Climate Extremes and Their Implications for Impact and Risk Assessment describes challenges, opportunities and methodologies for the analysis of the impacts of climate extremes across various sectors to support their impact and risk assessment. It thereby also facilitates cross-sectoral and cross-disciplinary discussions and exchange among climate and impact scientists. The sectors covered include agriculture, terrestrial ecosystems, human health, transport, conflict, and more broadly covering the human-environment nexus. The book concludes with an outlook on the need for more transdisciplinary work and international collaboration between scientists and practitioners to address emergent risks and extreme events towards risk reduction and strengthened societal resilience. Provides an overview about past, present and future changes in climate and weather extremes and how to connect that knowledge to impact and risk assessment under global warming Presents different approaches to assess societal-relevant impacts and risk of climate and weather extremes, including compound events, and the complexity of risk cascades and the interconnectedness of societal risk Features applications across a diversity of sectors, including agriculture, health, ecosystem services and urban transport

Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation

Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation
Author: Intergovernmental Panel on Climate Change
Publisher: Cambridge University Press
Total Pages: 593
Release: 2012-05-28
Genre: Business & Economics
ISBN: 1107025060

Extreme weather and climate events, interacting with exposed and vulnerable human and natural systems, can lead to disasters. This Special Report explores the social as well as physical dimensions of weather- and climate-related disasters, considering opportunities for managing risks at local to international scales. SREX was approved and accepted by the Intergovernmental Panel on Climate Change (IPCC) on 18 November 2011 in Kampala, Uganda.

Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation

Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation
Author: Christopher B. Field
Publisher: Cambridge University Press
Total Pages: 593
Release: 2012-05-28
Genre: Science
ISBN: 1107380103

This Intergovernmental Panel on Climate Change Special Report (IPCC-SREX) explores the challenge of understanding and managing the risks of climate extremes to advance climate change adaptation. Extreme weather and climate events, interacting with exposed and vulnerable human and natural systems, can lead to disasters. Changes in the frequency and severity of the physical events affect disaster risk, but so do the spatially diverse and temporally dynamic patterns of exposure and vulnerability. Some types of extreme weather and climate events have increased in frequency or magnitude, but populations and assets at risk have also increased, with consequences for disaster risk. Opportunities for managing risks of weather- and climate-related disasters exist or can be developed at any scale, local to international. Prepared following strict IPCC procedures, SREX is an invaluable assessment for anyone interested in climate extremes, environmental disasters and adaptation to climate change, including policymakers, the private sector and academic researchers.

The Ocean and Cryosphere in a Changing Climate

The Ocean and Cryosphere in a Changing Climate
Author: Intergovernmental Panel on Climate Change (IPCC)
Publisher: Cambridge University Press
Total Pages: 755
Release: 2022-04-30
Genre: Science
ISBN: 9781009157971

The Intergovernmental Panel on Climate Change (IPCC) is the leading international body for assessing the science related to climate change. It provides policymakers with regular assessments of the scientific basis of human-induced climate change, its impacts and future risks, and options for adaptation and mitigation. This IPCC Special Report on the Ocean and Cryosphere in a Changing Climate is the most comprehensive and up-to-date assessment of the observed and projected changes to the ocean and cryosphere and their associated impacts and risks, with a focus on resilience, risk management response options, and adaptation measures, considering both their potential and limitations. It brings together knowledge on physical and biogeochemical changes, the interplay with ecosystem changes, and the implications for human communities. It serves policymakers, decision makers, stakeholders, and all interested parties with unbiased, up-to-date, policy-relevant information. This title is also available as Open Access on Cambridge Core.

High Performance Boards

High Performance Boards
Author: Didier Cossin
Publisher: John Wiley & Sons
Total Pages: 439
Release: 2024-07-31
Genre: Business & Economics
ISBN: 1394221339

"Didier Cossin's High Performance Boards covers aspects of culture and organisational design that are foundational to any successful institution. This comprehensive study captures real-world insights on quality governance and effective leadership. It connects his four- pillar methodology for gauging and improving board effectiveness, learning from both failure and success and boardroom best practice. It is a valuable tool for present and future directors." —Mark Tucker, Group Chairman of HSBC Holdings plc "Recent developments in the financial services industry dramatically illustrate the intimate link between good governance and a company's success or failure, particularly in times of crisis. In his latest book, Didier Cossin sheds light on the design principles and practice that underpin good governance. A catchy and comprehensive textbook for those in charge!" —Sergio Ermotti, Group CEO and President of the Executive Board of UBS AG The most up-to-date version of the gold standard in board governance In the newly revised second edition of High Performance Boards: A Practical Guide to Improving & Energizing your Governance, author Didier Cossin delivers an incisive and practical roadmap to board governance best-practices. Accessible to professionals from a variety of backgrounds, the book lays out the foundational and advanced concepts you'll need to understand to effectively govern a for-profit firm, non-profit, or government entity. You'll learn to manage risk, increase the impact of your board, consider and evaluate the importance of ESG metrics, take into account geopolitics, and supervise your organization's culture. You'll also discover: Extensive revisions to existing chapters, including new methods of cyber-risk management and stakeholder management Strategies for avoiding the common pitfall of ‘greenwashing’ Increasingly common new activism techniques undertaken by boards and investors to shape the behaviour of organizations An indispensable resource for board members and directors serving on boards at organizations of all kinds, High Performance Boards will also earn a place on the bookshelves of corporate lawyers, board secretaries, and students of corporate governance. For additional materials to the book, please see didiercossin.com.

Extreme Natural Hazards, Disaster Risks and Societal Implications

Extreme Natural Hazards, Disaster Risks and Societal Implications
Author: Alik Ismail-Zadeh
Publisher: Cambridge University Press
Total Pages: 431
Release: 2014-04-17
Genre: Science
ISBN: 1139916394

This book presents a unique, interdisciplinary approach to disaster risk research, combining cutting-edge natural science and social science methodologies. Bringing together leading scientists, policy makers and practitioners from around the world, it presents the risks of global hazards such as volcanoes, seismic events, landslides, hurricanes, precipitation floods and space weather, and provides real-world hazard case studies from Latin America, the Caribbean, Africa, the Middle East, Asia and the Pacific region. Avoiding complex mathematics, the authors provide insight into topics such as the vulnerability of society, disaster risk reduction policy, relations between disaster policy and climate change, adaptation to hazards, and (re)insurance approaches to extreme events. This is a key resource for academic researchers and graduate students in a wide range of disciplines linked to hazard and risk studies, including geophysics, volcanology, hydrology, atmospheric science, geomorphology, oceanography and remote sensing, and for professionals and policy makers working in disaster prevention and mitigation.

Extreme Leadership

Extreme Leadership
Author: Charles Patton
Publisher: Charles D. Patton
Total Pages: 115
Release: 2024-07-26
Genre: Business & Economics
ISBN:

Leadership is a curious topic. It is most noted in its absence and most measured by its need. Leadership requires opportunity. Leadership is driven by the situation; what worked in one situation may be disastrous in another. It requires skills to be able to direct the challenge at hand. Leadership is both an art and a science. It is theoretical and applied, cultural and contextual. Most importantly, leadership is about accomplishment and results. Let's face it; talking about leadership is tough and, in many ways, counter-intuitive. Many people want to be leaders and some people prefer to follow a leader; but followers want to follow not just any leader, they want to follow a great leader. Business leadership textbooks often focus on the process and theory of leadership. Not what it is but what it looks like or what it has accomplished. Terms like "neo-charismatic" and "non-hierarchical cross-culture participator" are used. Pictures are drawn showing pyramids and "leadership process flows" with colored boxes containing "value-risk qualifiers." I have even read in textbooks that leadership is a dated concept, and today, it is the social environment and individual "zones of comfort" that produce accomplishments. Mumbo-jumbo! I believe if you want to have the things that great people have, you have to do the things great people do. The single most identifiable characteristic of successful people is that they are successful leaders. This is why Mr. Patton developed the term Extreme Leadership for this book and why the book focuses more on extreme examples than process flows and models. Charles' writing style is straight-ahead, and his content lays it out as it is. This book is designed as a supplement to graduate-level leadership courses. However, it is also very readable and interesting, and applicable to all aspects of life. This book sends the important message that It is okay to lead; it is okay to be a leader. It is also okay to follow. And that anyone who wants to lead can learn to lead. Hopefully, after reading this book and thinking about the case studies, you will have a rounded view of leadership, start to see when opportunities are presented, and be able to leverage them for your own leadership successes. Dr. D. E. Lady