Nobody downloaded yet

Risk in a New Era of Catastrophes - Essay Example

Comments (0) Cite this document
Name Professor Course Date Risk In A New Era Of Catastrophes 1.1. States that are prone to adversities have devised diverse ways of ensuring the safety of their natives’ prior occurrence of any potential natural tragedies. This is because of the states’ locations in relation to the occasionally occurring incidences resulting to immeasurable losses, which entail human besides property…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.8% of users find it useful
Risk in a New Era of Catastrophes
Read TextPreview

Extract of sample "Risk in a New Era of Catastrophes"

Download file to see previous pages Florida is among the states that depict high probability of facing natural calamities. Insurers, in finding out the states that mostly fall victims of natural disasters, unveiled that Florida is leading in the category. This was via applying exceedance probability (EP) curves besides incorporating prediction models, which used Florida as an illustrative example (Wharton University of Pennsylvania 7). Additional states encompass New York, Texas and S. Carolina who constitute the similar category. Studies revealed a loss of at least $10billion incurred in the state where future predications showed an increase due to the augmented occurrence of the disasters. Furthermore, due to the current climate alterations, there is an increasing and evident trend of natural calamities, which sometimes their intensities are unpredictable. Global warming has greatly yielded to frequent climate anomalies threatening nations presently (Wharton University of Pennsylvania 4). These encompass hurricanes and tornados that lead to immeasurable property obliteration besides human deaths. Predictions by some assorted studies indicate that the trend of natural calamities may continue to augment, where the occurrence will be unpredictable, hence finding people unaware. Final stage anticipation regards the number of insured people. Studies indicate that citizens have diverse reasons that may compel them either to buy insurance or refuse to have any coverage. People’s arguments are diverse where some state that the insurance according to their income it is high-priced whereas others do not see the essence, since that is the mandate of a state, which it has to fulfill actively. Besides, those insured their coverage is insufficient especially when catastrophes occur. Since after the catastrophe, victims require numerous things besides medicine and food, in which agencies have to provide (Wharton University of Pennsylvania ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Risk in a New Era of Catastrophes Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Risk in a New Era of Catastrophes Essay Example | Topics and Well Written Essays - 1250 words. Retrieved from
(Risk in a New Era of Catastrophes Essay Example | Topics and Well Written Essays - 1250 Words)
Risk in a New Era of Catastrophes Essay Example | Topics and Well Written Essays - 1250 Words.
“Risk in a New Era of Catastrophes Essay Example | Topics and Well Written Essays - 1250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Risk in a New Era of Catastrophes

A New Era for Newark

...? A New Era for Newark Introduction Good governance is an integral factor for any administrative unit to succeed. We have all witnessed failed sates simply because there were incompetent leader at the helm, while the successful states have enjoyed success because of the capable leaders that were put in place. There are quite a number of theories that explain what proper elements a principled leader should possess. As much as these theories are true, it also agreeable that great leaders are born and self made. This explains why even leaders who have gone through governance institutions of higher learning do not necessarily make the greatest or most successful leaders. Newark is a perfect example of a...
3 Pages(750 words)Essay

The New Era (1920s)

... The New Era (1920s) Question The Twenties In many ways—both economically and culturally—the 1920s were America’s firstmodern decade: What were the sources of 1920s prosperity? The major boosters of the US 1920s economic prosperity encompassed the then technological advancements besides the then effective corporations’ policies. Besides these factors boosting the state’s economic stability, they also improved approximately 80% of the population’s wellbeing, which extended from then to date. For illustration, the consolidation’s second wave, which encompassed of high rate of springing corporations due to the presence little business regulations. Since, traders normally competed to give the best despite the absence of antitrust laws... the...
8 Pages(2000 words)Essay

Behavioural Economics: The New Era

...?Behavioural Economics: The New Era Introduction The Standard economic models are often questioned for the fairness of their assumptions. It seems like the assumptions for explaining the theories to be addressed are cyclical or in other words, they are assumed in such a manner that they are bound to produce the hypothesized outcomes. This approach has attracted various criticisms over time which had spurred wide debate among academicians. The recent global financial markets turmoil bears testimony to the fact that economic agents do not always behave in a way, which is predicted by the mathematical model of probability (Kahneman, Knetsch and Thaler, 1986). To have a better understanding of the standard model of economics, recently... of...
7 Pages(1750 words)Essay

Accidents and catastrophes: risk management

...Accidents and Catastrophes In the safety and security concerns of a plant in the UK, there are various issues that shall have to be taken in to consideration to ensure the wellbeing of man and material. Risk Management "The objective of Risk Identification is to identify all possible risks to the project in a timely and proactive manner. Risk Identification methods should have the following attributes: 1. They should examine all areas of the project in a systematic manner, 2. They should be proactive rather than reactive, and They should synthesize risk information from all available sources of risk information"...
11 Pages(2750 words)Essay

Political Parties in the New Era

...Serapio Maria Perpetua A. Serapio Academia-Research Topic: Effective Representational Vehicle December 3, 2008 Political Parties in the New Era Political Parties are organizations that mobilize voters on behalf of a common set of interests, concerns, and goals. Their main objective is to formulate political and policy agendas, select candidates, conduct election campaigns, and monitor the work of their elected representatives. It links citizens and the government providing a means by which people can have a voice in their government. Basically, the functional definition of a political party is an organization that supplies three kinds of services: (1) helping legislative candidates get elected, (2)...
8 Pages(2000 words)Essay

Accidents and Catastrophes

...based disasters (Pearce, 2000). The poorest nations are the hardest hit and most vulnerable. Out of the forty nine least developed nations, twenty foru are at greater risk fo disaster while six have experienced two to eight major disasters within the past fifteen years. Most of these disasters have had a negative long term effect on human development (Pearce, 2000). Statistics show that disasters have become more costly, not only for the developing countries. Data presented by Munich-Re, the trend that has been observed over the past five decades in regards to natural catastrophes is that it costs world economies billions of dollars. The group forwarded that between 1950 and 1959, there twenty major...
10 Pages(2500 words)Essay

Accidents & Catastrophes

...Accidents and Catastrophes Introduction Disasters, catastrophes and accidents have always taken place since the world has evolved. The only thing that has changed is their frequency of occurrence and the damage and loss caused by these untoward incidents. Disasters, catastrophes and accidents are all different events though certain coordination between all three of them can be ascertained sometimes. Any reason or reasons which can lead to damage or poses a risk to people or property is known as a hazard. The intensity and the outcome of the hazards are variable. Even a stone placed on a road is a hazard to passers by and similarly noxious substances also pose...
10 Pages(2500 words)Essay

The New Era after World War II

...The New Era after World War II In the new era after World War II, most of previous theories needed a revision under the appeared challenges. In this context, Cold War served as an examination of realism. In fact, the Churchill’s realistic speech showed that this approach is still able to comprehend the rapidly changing world; here, the state of nature and the ground for balance of powers did not change. On the one hand, the states still rather conflict than cooperate on their interests with each other. In this context, the fact that Cold War appeared immediately after World War II is illustrative. Actually, both winners managed to contradict on the recent victorious...
1 Pages(250 words)Essay

Hazards, Emergencies, Disasters, and Catastrophes

... misfortunes that can change a feature of the earth. In conclusion, the terms hazard, emergency, disaster and catastrophe have a distinction in their meaning. Therefore, users of these words have to bear in mind these differences so as not to interchangeably use them. References Doane, M. A. (1990). Information, crisis, catastrophe. Logics of television: Essays in cultural criticism, 222-39. Pearce, L. D. R. (2000). An integrated approach to community hazard, impact, risk and vulnerability analysis: HIRV (Doctoral dissertation, University of British Columbia). Terminology - UNISDR. (n.d.). Retrieved on March 5, 2015 from Hazard, Catastrophe, Emergency and Disaster Defining the...
1 Pages(250 words)Coursework

American Foreign Policy in a New Era

... growth such as trade and power, constructivist approach concentrated on the effect of ideas (Jervis, 2005). Constructivist theories do not assume that states seek survival only. Ideally, these theories argue that states are a product that is malleable for historic and specific processes. The approach pays more attention on the root course of a change compared to liberalism and realism. Reference Jervis, R. (2005). American Foreign Policy in a New Era. London: Routledge.... Response Robert Jervis discusses the existence of a security community by establishing a pluralistic security community formed by the most powerful nations where the idea of war among them is all but unthinkable (Jervis, 2005). Apparently, Jervis relies on realism,...
1 Pages(250 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Risk in a New Era of Catastrophes for FREE!

Contact Us