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How DFA Can Help the Property/Casualty Industry, Part 4
Hurricanes Katrina, Rita, Wilma...
Catastrophes: Models and Reserving
Risk Measures
Reinsurer Results:
Catastrophe and Strengthening
Hurricanes: 2003 and 2004 Results, Clustering and TransitioninG
Brushfire and Fire Following Exposures
Tsunami Exposure Worldwide and U.S.
Wind and Hail: Relative Hazard Levels
Cat Modeling Class
Introduction to Reinsurance
Holborn Technical Seminar
Catastrophe, Injury, and Insurance
Review of Myers & Read ARIA Paper
A Perfectly Ordinary Tuesday Morning
This is Not Your Father’s Cat Model
Global Warming and Increased Catastrophes?
Reinsurer Risk Loads from Marginal Surplus Requirements, PCAS LXXVII
Reinsurance Markets
Risk Transfer Assessment
Introduction to Asset Returns and Risks
CAS Call Paper Panel
Ceded Reinsurance Issues in DFA
Catastrophe Reinsurance Simulation Game
Reinsurance by any other name
Clash Pricing
ALLOCATION OF SURPLUS FOR A MULTI-LINE INSURER
Optimization to Improve Business Performance

 

 
May 12-13, 2005
Thomas Larsen
2005 Client Technical Seminar
Page: 1 2

Tsunami

What is it?

Can it be insured?

Can it be modeled? (quantifiable modeling)

What has changed since 2001?

What is a tsunami?

Tsunami" is a Japanese word which translates as "harbor wave“

Wavelength hundreds of miles

Speeds of 500 mph +

What causes Tsunami?

Earthquakes

  • Only a small fraction of earthquakes can generate tsunami

Mega-tsunami (wave heights exceeding 1000 ft)

  • Asteroid / comet impact

  • Submarine landslide

  • Collapsing volcanoes

Tsunami Generation - Earthquake

Tsunami Generation - Landslide

Wave modeling – Boxing Day Tsunami

What are the effects of tsunami

Open sea

  • Barely noticeable

Earthquake induced tsunami

  • Typical inundation to several hundred yards from shore

Mega tsunami

  • Very large waves can inundate islands

Where do tsunamis occur?

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