Vulnerability and disaster risks mapping workshop EEA, Copenhagen, 2 July 2009 NatCatSERVICE and the Globe of Natural Hazards Munich Re NatCatSERVICE Petra Löw

The database contains: - Loss events from Great natural catastrophes from Historical catastrophes from 0079 Reports: - Loss events - Costliest or deadliest events - Annual statistics MR NatCatSERVICE The most comprehensive loss database on natural catastrophes Vulnerability and disaster risks mapping NatCatSERVICE and the Globe of Natural Hazards The database contains: - Loss events from Great natural catastrophes from Historical catastrophes from 0079 Reports: - Loss events - Costliest or deadliest events - Annual statistics © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

YearDevelopment 1974Systematic buildup of a global natural hazard archive 1990D-Base application 1995Fox-Pro application, with Oracle database 2008 C# application based on Microsoft.NET 2.0 Frameworks with Oracle database and SQL Server 2005 Reporting Services. Munich Re NatCatSERVICE History © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Each year round about 800 events are documented. Munich Re NatCatSERVICE Number and distribution of data sets YearNumber of data sets © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Munich Re NatCatSERVICE More than data Access & User Service Methodology & Definitions Data

Expert Consultation Harmonizing terminology of disaster perils in 2007 CRED Munich Re NatCatSERVICE Methodology – The global data bases Members Regina BelowCREDEM-Dat Susanna Schwarz Swiss Resigma Hajime NakanoADRCGLIDE Julio SergeUNDPDesInventar Angelika Wirtz Petra Löw Munich ReNatCatSERVICE © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Munich Re NatCatSERVICE Structure – peril families Geophysical Meteorological Hydrological Climatological Earthquake Volcanic eruption Mass movement dry FamilyMain eventSub Peril Earthquake (Ground shaking) Fire following Tsunami Volcanic eruption Subsidence Rockfall Landslide © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Storm Tropical cyclone Winter storm (extratropical cyclone) Tempest/Severe storm Hail storm Lightning Tornado Local windstorm (orographic storm) Sandstorm/Dust storm Blizzard/Snowstorm Geophysical Meteorological Hydrological Climatological FamilyMain eventSub Peril Munich Re NatCatSERVICE Structure – peril families © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Flood Mass movement wet General flood Flash flood Storm surge Glacial lake outburst flood Subsidence Avalanche Landslide Geophysical Meteorological Hydrological Climatological FamilyMain eventSub Peril Munich Re NatCatSERVICE Structure – peril families © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Extreme temperature Drought Wildfire Heat wave Cold wave / frost Extreme winter conditions Drought Wildfire Unspecified Geophysical Meteorological Hydrological Climatological FamilyMain eventSub Peril Munich Re NatCatSERVICE Structure – peril families © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Catastrophe classOverall lossesand/or fatalities Loss profile1980s*1990s*2000 – 2008* 0Natural eventNo property damage---none 1Small-scale loss eventSmall-scale property damage Moderate loss eventModerate property and structural damage ---> 10 3Severe catastropheSevere property, infrastructure and structural damage US$ >25mUS$ > 40mUS$ > 50m> 20 4Major catastropheMajor property, infrastructure and structural damage US$ > 85mUS$ > 160mUS$ > 200m> 100 5Devastating catastrophe Devastating losses within the affected region US$ > 275mUS$ > 400mUS$ > 500m> 500 6Great 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. Munich Re NatCatSERVICE Structure – breakdown into catastrophe categories © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Munich Re NatCatSERVICE Structure – geographical breakdown © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Region Details Damages Hurrikane Ike Region Details Damages Region Details Damages Region Details Damages Region Details Damages Region Details Damages Munich Re NatCatSERVICE Structure – geographical breakdown by multi region events USACubaTurks&CaicosDominican RepublicHaitiBahamas Overall losses/insured losses: US$ 38bn/15bn © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Munich Re NatCatSERVICE Data set – entry information Separate entries for the affected countries © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Number of deaths Event description Affected lines of business Affected people Affected infrastructure Affected buildings Munich Re NatCatSERVICE Data set – entry information © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

30/o09/2008 Insured losses Munich Re share Additional loss information Overall losses Munich Re NatCatSERVICE Data set – entry information © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Hurrikan Degree of damage: RedHigh YellowMedium GreenLittle Munich Re NatCatSERVICE Disaster risks mapping - Hurrikan Ike Windfield and damage information © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Science General public Political committees Analysts, investors Clients Staff NatCatSERVICE Munich Re NatCatSERVICE Access&User © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Munich Re NatCatSERVICE Downloadcenter for statistics © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Munich Re NatCatSERVICE Downloadcenter for statistics

The Globe of Natural Hazards MR has shared its knowledge for 30 years 1978 / 1988 / 1998 (seven languages)2000 / / 1999 NATHAN 2001 / 2005 © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

The Globe of Natural Hazards Wall map/Folding map – World Map of Natural Hazards (G/E) © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

The Globe of Natural Hazards DVD – Globe of Natural Hazards © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Knowledge in a state of flux New hazards Hazard pointer View from space Networked knowledge Intuitive user interface Insurance relevance All global hazard maps have been updated Topics like flood and climate change are fully integrated Power function supplies quick information on situation regarding natural hazards and climate change for any location on earth Our knowledge can be displayed with a satellite image in the background Complex topics like risk management of natural hazards and climate change are linked in a sophisticated manner More interactive images illustrate the connections in complex risk management Accentuation of insurance-related content considering as many lines of business as possible The Globe of Natural Hazards 2009 What is new? © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Knowledge in a state of flux All global hazard maps have been updated The Globe of Natural Hazards 2009 What is new? © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

New hazards Topics like flood and climate change are fully integrated The Globe of Natural Hazards 2009 What is new? © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Hazard pointer Power function supplies quick information on situation regarding natural hazards and climate change for any location on earth The Globe of Natural Hazards 2009 What is new? © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

View from space Our knowledge can be displayed with a satellite image in the background The Globe of Natural Hazards 2009 What is new? © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Networked knowledge Complex topics like risk management of natural hazards and climate change are linked in a sophisticated manner The Globe of Natural Hazards 2009 What is new? © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Intuitive user interface More interactive images illustrate the connections in complex risk management The Globe of Natural Hazards 2009 What is new? © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Insurance relevance Accentuation of insurance-related content considering as many lines of business as possible The Globe of Natural Hazards 2009 What is new? © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009

Munich Re NatCatSERVICE Petra Löw Thank you for your attention!

The Globe of Natural Hazards 2009 Knowledge carrier for the insurance industry Cooperation in the fields of knowledge and research supplement and nurture our competences Examples: Global Earthquake Model (GEM), RMS, London School of Economics (LSE) The relevance of our research results extends beyond the realms of insurance: political sphere, authorities, land-use planning, emergency response, construction industry, etc. Munich Re sets the standard in the analysis and assessment of risks Creates added value for clients in the writing of complex risks Makes new risks insurable Losses from geo risks are increasing worldwide Munich Re has been investigating geoscientific phenomena, the attendant risks and loss potentials since 1974 © 2009 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICEAs at July 2009