Modelling of Flood and Storm Risk: Methodology and Challenges


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Floods and storms are among the major natural hazards and suitable models for the respective risks are of particular importance for the management of natural disasters. In this talk, Prof. dr. Hansjoerg Albrecher will discuss various approaches towards modelling such catastrophic events together with the challenges that arise in practical implementations. Particular emphasis will be given on the choice of the underlying spatial and temporal dependence models, the modelling of extremes as well as on diversification possibilities for this type of risk. The analysis will be illustrated with concrete case studies from Austria and Europe as a whole.

Donderdag 18 oktober 2018, 16:00 - 18:30
co-organized by the National Bank of Belgium and the actuarial research groups of KU Leuven, UCL and ULB
Hansjoerg Albrecher, Department of Actuarial Science, University of Lausanne
Auditorium of the National Bank of Belgium, rue Montagne aux Herbes potagères 61, Brussels