Financial Risks of Natural Hazards:

Markets and the Role of the State

 5th – 6th July,  2007


Joint Seminar of the University of Innsbruck and the Innsbruck Center for Natural Hazard Management (alpS)

PDF IconProgramme 

PDF Icon Map / Lageplan Sowi, Universitaetsstrasse 15, 6020 Innsbruck

Downloads of Papers:

Day / Time
Title of Presentation / Downloads
5th July           
13.15 Neil Doherty, Wharton School, Philadelphia/USA Climate Change and the Insurability of Catastrophic Risks
PDF Icon Presentation 
14.30 Andreas Richter, University of Munich/Germany The Choice of Trigger in an Insurance Linked Security 
PDF Icon Presentation 
  Christian Laux, University of Frankfurt/Germany CAT Bonds and Reinsurance: The Competitive Effects of Information-Insensitive Triggers (written with Silke Brandts)
PDF Icon Presentation 
16.10 Marcel Grandi, Munich Re Natural Catastrophes in the Bond Market – A Trader’s View 
PDF Icon Presentation 
    Brenda Lopez Cabrera, Humboldt Universitaet Berlin/Germany Calibrating CAT Bonds for Earthquakes in Mexico 
PDF Icon Presentation 
6th July         
9.10 Ernst Rauch, Munich Re

Financial Risks of Natural Hazards: The Role of Climate Change and the Response of Insurers
PDF Icon Presentation 

  Joanne Linnerooth-Bayer, International  Institute for Applied System Analysis, Laxenburg/Austria

Linking Development and Climate Change Agendas. A Proposal for a Multi-Donor Regional Reinsurance Facility 
PDF Icon Presentation 

Related Papers:

PDF Icon Refocusing Disaster Aid, (Joanne Linnerooth-Bayer, Reinhard Mechler, Georg Pflug)

PDF Icon Insurance for assisting adaptation to climate change in developing countries: a proposed strategy (Joanne Linnerooth-Bayer, Reinhard Mechler)

PDF Icon Disaster Safety Nets for Developing Countries, Extending public-private partnerships (Joanne Linnerooth-Bayer and Reinhard Mechler)

10.45 Franz Prettenthaler, Joanneum Research and University of Graz/Austria Financial Risks for Natural Hazards: A Comparison of  Alternative National Transfer Mechanisms
PDF Icon Presentation 
  Paul Raschky, University of Innsbruck/Austria

Financial Risks for Natural Hazards: An Empirical Comparison of  Alternative National Transfer Mechanisms
PDF Icon Presentation 

Related Papers: 

PDF Icon Estimating the Effects of Risk Transfer Mechanisms against floods in Europe and U.S.A.: A Dynamic Panel Approach 

PDF Icon Hazards, Growth and Institutions 

13.30 Gebhard Kirchgaessner, University of  St. Gallen/ Switzerland On the Efficiency of a Public Monopoly: The Case of Natural Hazard Insurance in Switzerland
PDF Icon Presentation 
  Franz Sinabell, Austrian Institute of Economic Research, Wien/Austria

Natural Hazards: New Horizons of Public –Private-Partnership in Austria
PDF Icon Presentation 

Related Paper:

PDF Icon Flood risk exposure in Austria – options for bearing risk efficiently (Franz Sinabell and Thomas Url)


Link to the homepage of the Research Area "Alpine Space - Global Change and Regional Competitiveness" 
For any information please contact Prof. Reimund Schwarze, Department of Public Finance