What does maplecroft mean?
Maplecroft is a global risk and strategic consulting firm based in Bath, England. Its work includes analyzing key political, economic, social and environmental risks affecting global business and investors. Maplecroft is regularly quoted in the media, particularly on political risk, economics, and the environment.
What is disaster risk index?
Description. The DRI enables the calculation of the average risk of death per country in large- and medium-scale disasters associated with earthquakes, tropical cyclones and floods, based on data from 1980 to 2000.
How do you calculate natural disaster risk?
Revisiting the Foundational “Disaster” Risk Equation. The foundational equation for much of disaster research in the past two decades appeared initially in Blaikie et al. (1994), and was DR= H x V, where disaster risk (DR) is a function not only of a hazard (H) but also of the vulnerability (V) of the impact area.
What is acceptable risk in natural disasters?
Acceptable risk, or tolerable risk, is therefore an important subterm; the extent to which a disaster risk is deemed acceptable or tolerable depends on existing social, economic, political, cultural, technical and environmental conditions.
What does verisk maplecroft do?
Verisk Maplecroft is a global risk analytics company providing ESG, climate, political, and economic risk data for leading institutional investors and multinational corporations. They combine proprietary risk datasets with expert research on countries, industries, and commodities.
What is a risk index?
Risk Index : The risk index is the overall result of a risk assessment. All indicators and indexes can be used in the calculation for the risk index. It is a composite of the likelihood and impact index. Likelihood : The likelihood index shows the probability of a risk event occuring. This is measured in percentage.
What is the disaster risk and age index?
The Disaster Risk and Age Index ranks 190 countries based on the disaster risk faced by older people. This pilot index is based on the INFORM 2015 Index, a global, open-source risk assessment for humanitarian crises and disasters.
How do you calculate risk index?
Calculate Risk Index (R) The Risk Index is calculated as follows: R = (1- C/100*Q/100*S/100)*100 and is expressed in percent. R will never be greater than 100%. If a negative number is calculated (due to having a Completeness greater than 100%), round R up to 0. 7.
What is an acceptable level of risk?
The term “acceptable risk” describes the likelihood of an event whose probability of occurrence is small, whose consequences are so slight, or whose benefits (perceived or real) are so great, that individuals or groups in society are willing to take or be subjected to the risk that the event might occur.
What is disaster risk examples?
Examples include, but are not limited to; poor design and construction of buildings, inadequate protection of assets, lack of public information and awareness, high levels of poverty and education, limited official recognition of risks and preparedness measures, disregard for wise environmental management or weak …
What is verisk financial?
Verisk Analytics, Inc. is an American multinational data analytics and risk assessment firm based in Jersey City, New Jersey, with customers in insurance, natural resources, financial services, government, and risk management sectors.
What does Air Worldwide do?
AIR Worldwide developed probabilistic models that help organizations prepare for the financial impacts of catastrophes—before they occur. Today, organizations use AIR models to assess the likelihood and severity of loss from catastrophes in more than 110 countries worldwide.