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Is it possible that the insurance and reinsurance industries cannot handle a major catastrophe? Ten years ago, the notion that the overall cost of a single catastrophic event might exceed $10 billion was unthinkable. With ever increasing property-casualty risks and unabated growth in hazard-prone areas, insurers and reinsurers now envision the possibility of disaster losses of $50 to $100 billion in the United States. Against this backdrop, the capitalization of the insurance and reinsurance industries has become a crucial concern. While it remains unlikely that a single event might entirely bankrupt these industries, a big catastrophe could place firms under severe stress, jeopardizing both policy holders and investors and causing profound ripple effects throughout the U.S. economy. The Financing of Catastrophe Risk assembles an impressive roster of experts from academia and industry to explore the disturbing yet realistic assumption that a large catastrophic event is inevitable. The essays offer tangible means of both reassessing and raising the level of preparedness throughout the insurance and reinsurance industries.
Includes over 30 maps and Illustrations The Staff Ride Handbook for the Vicksburg Campaign, December 1862-July 1863, provides a systematic approach to the analysis of this key Civil War campaign. Part I describes the organization of the Union and Confederate Armies, detailing their weapons, tactics, and logistical, engineer, communications, and medical support. It also includes a description of the U.S. Navy elements that featured so prominently in the campaign. Part II consists of a campaign overview that establishes the context for the individual actions to be studied in the field. Part III consists of a suggested itinerary of sites to visit in order to obtain a concrete view of the campaign in its several phases. For each site, or “stand,” there is a set of travel directions, a discussion of the action that occurred there, and vignettes by participants in the campaign that further explain the action and which also allow the student to sense the human “face of battle.” Part IV provides practical information on conducting a Staff Ride in the Vicksburg area, including sources of assistance and logistical considerations. Appendix A outlines the order of battle for the significant actions in the campaign. Appendix B provides biographical sketches of key participants. Appendix C provides an overview of Medal of Honor conferral in the campaign. An annotated bibliography suggests sources for preliminary study.
The lessons learned from this flood focus on the performance of the levees, governmental responses, the effects of flood fighting, change in stages due to levee breaches, flood modeling, and the lack of information dissemination to the public on the technical aspects of the flood. These lessons point out information gaps and the need for research in the areas of hydraulics and hydrology, meteorology, sediment transport and sedimentation, surface and ground-water interactions, water quality, and levees. The report presents a comprehensive summary of the 1993 flood as far as climate, hydrology, and hydraulics are concerned.
Prepared by the Interagency Task Force on Floodplain Management. Includes National Flood Insurance Program.
TRB's National Cooperative Highway Research Program (NCHRP) Synthesis 305: Interaction Between Roadways and Wildlife Ecology summarizes existing information related to roadway planning, design, construction, operation, and maintenance practices being used successfully and unsuccessfully, nationally and internationally, to accommodate wildlife ecology given the challenging background of rapid growth and diminishing natural resources.
As a source of reference material for the practising water engineer or water manager, this book outlines a strategy for projecting water consumption for specific types of land use and selecting a water conservation programme to maximise the beneficial use of a limited natural resource - a situation that typifies new development nationally and worldwide.