1. Peter Hoeppe Geo Risks Research/Corporate Climate Centre
Munich re tools for standardised Nat Cat data collection and hazard mapping
2nd Conference of the OECD International Network on the Financial Management of Large Scale Catastrophes
Peter Hoeppe
Geo Risks Research/Corporate Climate Centre

2. Münchener Rück
Munich Re NatCatSERVICE – One of the world‘s most comprehensive databases on natural catastrophes
From 1980 until today all loss events
For USA and selected countries in Europe all loss events since 1970
Retrospectively all Great Natural Catastrophes since 1950
In addition all major historical events starting from 79 AD – eruption of Mt.Vesuvio (3,000 historical data sets)
Currently more than 26,000 events documented
Natural catastrophes 2008
Great natural catastrophes:
Hurricane Ike Cyclone Nargis
Earthquake China
Winter damage China
Extreme temperature
(heat wave, forest fires)
Flood
Storm
Earthquake, tsunami, volcanic eruption
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

3. MR NatCatSERVICE Breakdown into catastrophe categories
Catastrophe class
Overall losses
and/or fatalities
Loss profile
1980s*
1990s*
2000 – 2008*
Natural event
No property damage -
none 1
Small-scale loss event
Small-scale property damage
1-9 2
Moderate loss event
Moderate property and structural damage
> 10 3
Severe catastrophe
Severe property, infrastructure and structural damage
US$ >25m
US$ > 40m
US$ > 50m
> 20 4
Major catastrophe
Major property, infrastructure and structural damage
US$ > 85m
US$ > 160m
US$ > 200m
> 100 5
Devastating catastrophe
Devastating losses within the affected region
US$ > 275m
US$ > 400m
US$ > 500m
> 500 6
Great natural catastrophe
„GREAT disaster“
Region’s ability to help itself clearly overtaxed, interregional/international assistance necessary, thousands of fatalities and/or hundreds of thousands homeless, substantial economic losses (UN definition). Insured losses reach exceptional orders of magnitude.
* Losses adjusted to the decade average.
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

4. MR NatCatSERVICE Entry details: example Hurrikan Ike
Separate entries for the affected countries
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

5. MR NatCatSERVICE Entry details: example Hurrican Ike
Number of fatalities
Event description
Affected lines of business
Affected people
Affected infrastructure
Affected buildings
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

6. MR NatCatSERVICE Example: Hurrican Ike - Damages
30/o09/2008
Insured losses
Munich Re share
Additional loss information
Overall losses
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

7. MR NatCatSERVICE Methodology
Expert Consultation
Harmonizing terminology of disaster perils
CRED
Participants
Regina Below
CRED
EM-Dat
Susanna Schwarz
Swiss Re
sigma
Hajime Nakano
ADRC
GLIDE
Julio Serge
UNDP
DesInventar
Angelika Wirtz
Petra Löw
Munich Re
NatCatSERVICE
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

8. MR NatCatSERVICE Structure – peril families
Family
Main event
Sub Peril
Geophysical
Earthquake
Volcanic eruption
Mass movement dry
Earthquake (Ground shaking)
Fire following
Tsunami
Meteorological
Hydrological
Volcanic eruption
Climatological
Subsidence
Rockfall
Landslide
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

9. MR NatCatSERVICE Structure – peril families
Family
Main event
Sub Peril
Tropical cyclone
Winter storm (extratropical cyclone)
Tempest/Severe storm
Hail storm
Lightning
Tornado
Local windstorm (orographic storm)
Sandstorm/Dust storm
Blizzard/Snowstorm
Geophysical
Storm
Meteorological
Hydrological
Climatological
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

10. MR NatCatSERVICE Structure – peril families
Family
Main event
Sub Peril
General flood
Flash flood
Storm surge
Glacial lake outburst flood
Geophysical
Meteorological
Flood
Mass movement wet
Hydrological
Subsidence
Avalanche
Landslide
Climatological
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

11. MR NatCatSERVICE Structure – peril families
Family
Main event
Sub Peril
Heat wave
Cold wave / frost
Extreme winter conditions
Geophysical
Meteorological
Extreme temperature
Drought
Wildfire
Hydrological
Drought
Climatological
Wildfire
Unspecified
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

12. MR NatCatSERVICE Sources
ffffff
MR NatCatSERVICE Sources
Science
Government,
UN, EU, NGOs
News-Agencies
Meteorological
Services
Insurance
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

13. Great natural catastrophes 1950 – 2008 Percentage distribution worldwide
285 Loss events
2,000,000 Fatalities
Overall losses* US$ 1,970bn
Insured losses* US$ 410bn
*in 2008 values
*in 2008 values
Climatological events (Extreme temperature, drought, forest fire)
Hydrological events (Flood, mass movement)
Meteorological events (Storm)
Geophysical events (Earthquake, tsunami, volcanic eruption)
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

14. MR NatCatSERVICE Services & Analysis
Thematic maps
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

15. MR NatCatSERVICE Download-Center
2008:
Downloads
There are 50 documents available in each language version
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

16. MR NatCatSERVICE Access&User
Clients
Staff
Analysts, investors
NatCatSERVICE
General public
Science
Political committees
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

17. NATHAN
Web-based tool for risk analysis on natural perils worldwide plus additional information on major disasters and country profiles
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

18. MR NatCatSERVICE Services
NATHAN - loss information
© 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE. As at June 2009

19. World Map of Natural Hazards/Globe of Natural Hazards – DVD / Wall map / Folding map

20. Globe of Natural Hazards 2009 – Products Wall map/Folding map – World Map of Natural Hazards

21. Globe of Natural Hazards 2009 – Products DVD – Globe of Natural Hazards

22. Globe of Natural Hazards 2009 What is new?
Knowledge in a
state of flux
All global hazard maps have been updated

23. Globe of Natural Hazards 2009 What is new?
New hazards
Topics like flood and climate change are fully integrated

24. Globe of Natural Hazards 2009 What is new?
Power function supplies quick information on situation regarding natural hazards and climate change for any location on earth
Hazard pointer

25. Globe of Natural Hazards 2009 What is new?
Knowledge can be displayed with a satellite image in the background
View from space

26. Globe of Natural Hazards 2009 What is new?
Networked
knowledge
Complex topics like risk management of natural hazards and climate change are linked in a sophisticated manner

27. Global Earthquake Model (GEM) Features
An internationally sanctioned program initiated by the OECD, aiming to build an independent, open standard to calculate and communicate earthquake risk around the world
Dynamic: an (updatable) model, not a map
Global: covers also less developed/monitored areas according to uniform standards
Open Access: a (transparent) tool to use for everybody
Public Private Partnership: combining the strenghts of both sectors
This slide is an overview of what we are doing, why we are here, and what we will be asking for.

28. GEM: A Public-Private Partnership
Intergovernmental
and
Governmental
Leading
Scientific Institutes
Zurich EU
Industry
International
Scientific
Organisations

29. => Assess and monitor risk globally,
GEM goals
GEM is not an academic exercise. The goal is to convert “knowledge into action”.
=> Assess and monitor risk globally,
especially in less well served regions
=> Raise risk awareness
=> Stimulate risk mitigation
=> Save lives, reduce losses and distribute the financial burden
This slide is an overview of what we are doing, why we are here, and what we will be asking for.
To achieve GEM’s goals we need “local champions”

30. GEM Setup HAZARD RISK SOCIO- ECONOMIC IMPACT € Building inventories
GEM integrates developments at the forefront of seismological and
engineering knowledge in three interconnected modules
Probability of direct
financial loss
HAZARD
RISK
SOCIO-
ECONOMIC
IMPACT €
Building
inventories
Vulnerabilities
Probability of damage
Probability of
loss of lives
Probability of
earthquake
occurrence
Probability of indirect financial loss
Probability of
ground motion
Many of GEM’s underlying components are already built and publicly available.
Earthquake probabilities Building Code input
Earthquake impact
User awareness of risk
Financial tools Cost-Benefit Analysis

31. Annual maintenance and operation: 2 m€/yr
GEM Funding Scheme
5-yr Build-up phase: 35 m€
Secretariat and global infrastructure
Global components
Regional implementation
Annual maintenance and operation: 2 m€/yr
15m€
Founding sponsor, Munich Re
Other sponsors (in progress)
Public Funds (in progress)
5m€

32. Thank you!