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Counterfactual disaster risk analysis : reimagining history

Recurso electrónico / Electronic resource
Section: Electronic documents
Title: Counterfactual disaster risk analysis : reimagining history / Trevor Maynard, Gordon Woo, Junaid SeriaAuthor: Maynard, Trevor
Publication: [London] : Lloyd's : RMS, 2017Physical description: 49 pSeries: (Emerging Risk Report 2017)Notes: Sumario: This report explains how a kind of lateral thinking, called counterfactual, can be applied to complement insurers' risk analyzes. It addresses how, in practice, a down counterfactual analysis can be carried out, taking into account events that could have ended in huge disasters, serving as a starting point in the future investigation of counterfactual events and their characteristics.
According to Lloyd's, down counterfactual thinking offers multiple advantages to insurers, "The fact that downside counterfactual events are anchored to actual historical experiences helps to explain the complexity of future risks and the uncertainty models to be developed, to get to know them in greater depth and to communicate them in a more coherent way to the members of the boards of directors, the borrowers, the decision makers, the risk managers, etc. "
Materia / lugar / evento: Gerencia de riesgos Análisis de riesgos Análisis probabilísticos Riesgos emergentes Análisis contrafactual del riesgo Otros autores: Woo, Gordon
Seria, Junaid
Lloyd's
RMS
Other categories: 7