Monthly Archives: September 2015

The Art of Financial Network Science, Part II

The Art of Financial Network Science, Part II

The second annual Financial Risk & Network Science seminar was held on September 9 at the University of Cambridge Judge Business School, in partnership between the Centre and Risk Journals. As with last year, there was a great display of varied and colourful financial network visualisations on show. Network diagrams present vast amounts of data inRead more

Where does cyber risk accumulate for insurers?

Where does cyber risk accumulate for insurers?

“Taxonomy is described sometimes as a science and sometimes as an art, but really it’s a battleground.” ― Bill Bryson, A Short History of Nearly Everything  After attending a cyber-risk accumulation workshop with a variety of cyber risk underwriters, I was moved to spend my morning walks thinking hard about cyber risk accumulation. Where doesRead more

Opening Pandora’s box: Using city-scale risk models to quantify the global cost of catastrophes, and the value of resilience

Opening Pandora’s box: Using city-scale risk models to quantify the global cost of catastrophes, and the value of resilience

In the Cambridge Centre for Risk Studies we have developed a framework to quantify the potential damage from a Pandora’s box of all ills – a comprehensive taxonomy of catastrophes. The methodology and outputs speak directly to the value of investing in resilience. The analysis has been made possible by novel ‘Catastronomics’ techniques to analyseRead more