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Catastrophe modeling [1] (also known as cat modeling) is the process of using computer-assisted calculations to estimate the losses that could be sustained due to a catastrophic event such as a hurricane or earthquake.
A year loss table (YLT) is a table that lists historical or simulated years, with financial losses for each year. [1] [2] [3] YLTs are widely used in catastrophe modeling as a way to record and communicate historical or simulated losses from catastrophes.
AIR Worldwide specialized in catastrophe modeling software and services to manage the probability of loss from natural catastrophes, terrorism, pandemics, casualty catastrophes, and cyber incidents. After the acquisition these services continued under the name Verisk Extreme Event Solutions .
Pitney Bowes Software Helps Insurers With Catastrophe Modeling and Risk Management During Extreme Weather Events ORLANDO, Fla.--(BUSINESS WIRE)-- Risk managers and reinsurance experts meeting in ...
A famous suggestion is that the cusp catastrophe can be used to model the behaviour of a stressed dog, which may respond by becoming cowed or becoming angry. [6] The suggestion is that at moderate stress (a > 0), the dog will exhibit a smooth transition of response from cowed to angry, depending on how it is provoked.
Andrew William Coburn (born 1956 in Chester, England) is known in the discipline of catastrophe modeling and is the director of the external advisory board for the Centre for Risk Studies at the University of Cambridge. [1]
Atmospheric dispersion modeling is the mathematical simulation of how air pollutants disperse in the ambient atmosphere.It is performed with computer programs that include algorithms to solve the mathematical equations that govern the pollutant dispersion.
A second space shuttle disaster. Seventeen years after the Challenger disaster, another shuttle and its crew were lost in the skies above America: The shuttle Columbia broke apart upon reentry on ...