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Risk Mapping (risk + mapping)

Distribution by Scientific Domains

Business, Economics, Finance and Accounting	40%

Selected Abstracts

ON THE GEOCHRONOLOGICAL METHOD VERSUS FLOW SIMULATION SOFTWARE APPLICATION FOR LAHAR RISK MAPPING: A CASE STUDY OF POPOCATÉPETL VOLCANO, MEXICO

GEOGRAFISKA ANNALER SERIES A: PHYSICAL GEOGRAPHY, Issue 3 2010
ESPERANZA MUÑOZ-SALINAS
ABSTRACT. Lahars are hazardous events that can cause serious damage to people who live close to volcanic areas; several were registered at different times in the last century, such as at Mt St Helens (USA) in 1980, Nevado del Ruiz (Colombia) in 1985 and Mt Pinatubo (Philippines) in 1990. Risk maps are currently used by decision-makers to help them plan to mitigate the hazard-risk of lahars. Risk maps are acquired based on a series of tenets that take into account the distribution and chronology of past lahar deposits, and basically two approaches have been used: (1) The use of Flow Simulation Software (FSS), which simulates flows along channels in a Digital Elevation Model and (2) The Geochronological Method (GM), in which the mapping is based on the evaluation of lahar magnitude and frequency. This study addresses the production of a lahar risk map using the two approaches (FSS and GM) for a study area located at Popocatépetl volcano , Central Mexico. Santiago Xalitzintla, a town located on the northern flank of Popocatépetl volcano, where volcanic activity in recent centuries has triggered numerous lahars that have endangered local inhabitants, has been used for the case study. Results from FSS did not provide satisfactory findings because they were not consistent with lahar sediment observations made during fieldwork. By contrast, the GM produced results consistent with these observations, and therefore we use them to assess the hazard and produce the risk map for the study area. [source]

Risk Mapping and Key Risk Indicators in Operational Risk Management

ECONOMIC NOTES, Issue 2 2005
Sergio Scandizzo
In this article I describe a methodology for the mapping of Operational Risk with the objective of identifying the risks inherent in the different steps of a business process, selecting a set of variables providing an estimate for the likelihood and the severity of operational risk (Key Risk Indicators , KRIs) and designing the most appropriate control activities. I then present two examples of how the methodology described can be applied to map risks and of how a set of relevant KRIs can be identified in the front office of a trading business and in the back office of a lending business. Finally, I discuss how the information conveyed by the KRIs can be organised and summarised in order to provide a comprehensive look at the risk profile of the various business lines. The structured presentation of KRIs covering the business processes of a bank is what we call an Operational Risk Scorecard. [source]

Groundwater vulnerability assessment, risk mapping, and nitrate evaluation in a small agricultural watershed: Using the DRASTIC model and GIS

ENVIRONMENTAL QUALITY MANAGEMENT, Issue 4 2008
Renji Remesan
First page of article [source]

Mapping space for water: screening for urban flash flooding

JOURNAL OF FLOOD RISK MANAGEMENT, Issue 1 2008
B. Hankin
Abstract This paper builds on the ,Flooding from Other Sources' project (HA4a), funded as part of Defra's Making Space for Water strategy. The HA4a study concluded that flood risk mapping is feasible for many of the sources of flooding that were investigated, which are not currently covered by the Environment Agency Flood Map, using existing flow modelling and GIS tools. However, there are some major constraints in terms of the need to undertake extensive data collection to allow the generation of useful flood maps that are not dominated by modelling uncertainties. The project anticipated that different levels of data collection and modelling might be needed for different purposes, given the hierarchical nature of UK flood risk assessment and management in the United Kingdom under PPS25 and the EC Floods Directive. This paper compares and contrasts three different approaches to urban flood modelling using topographic analysis, blanket extreme rainfall and semi-coupled sewer/overland routing. The UK summer floods 2007 have highlighted the pressing need for mapping the risk from urban flash flooding, and the Pitt Review has recommended that areas at high risk from surface waters should be urgently identified. This can be done now at some level of detail, and we can be guided as to what level, from our increasing knowledge of vulnerable populations, from records of historical flooding and by using some of the screening methods described herein. [source]

Cost efficiency and value driver analysis of insurers in an emerging economy

MANAGERIAL AND DECISION ECONOMICS, Issue 4 2009
Attiea Marie
This study investigated cost inefficiencies and its relationship with value drivers of insurers in United Arab Emirates (UAE). The study revealed that there were 21,33% cost inefficiencies in these insurers under different model specifications of stochastic frontier and DEA; value drivers such as lower leverage risk, lower capital risk significantly improved cost efficiencies consistent with Basel II norms; ROE positively influenced cost efficiencies with further trade off between increased profit margin, decreased asset utilization and/or reduced equity multiplier by the insurer managements to achieve a target-ROE; and the trend of cost efficiency was improving during 2000,2004. The study suggests that stock insurers could overcome their cost inefficiencies through adoption of efficient measures such as risk mapping of clients, risk prioritization besides ALM techniques. The study has direct implications for individual and institutional investors in making their portfolio investment decisions in insurance sector, policymakers, and regulators to closely monitor inefficient insurers consistent with Basel II norms. Copyright © 2008 John Wiley & Sons, Ltd. [source]