Statistical Analysis of Natural Disasters and Related Losses

Substantial accrued material on natural disasters and the use of advanced recording techniques have opened new doors for empirical analysis. However, despite the considerable progress made, the situation is still far from ideal. Sufficiently complete catalogs of events are still not available for many types of disasters, and the methodological and even terminological bases of research need to be further developed and standardized.
The present monograph summarizes recent advances in the field of disaster statistics, primarily focusing on the occurrence of disasters that can be described by distributions with heavy tails. These disasters typically occur on a very broad range of scales, the rare greatest events being capable of causing losses comparable to the total losses of all smaller disasters of the same type.

Audience:
This SpringerBrief will be a valuable resource for those working in the fields of natural disaster research, risk assessment andloss mitigation at regional and federal governing bodies and in the insurance business, as well as for a broad range of readers interested in problems concerning natural disasters and their effects on human life.