Disaster risk management: management framework and technical process of settling disaster damage claims

Narcis Păvălașcu () and Manuela Rozalia Gabor ()
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Narcis Păvălașcu: ”G. E. Palade” University of Medicine, Pharmacy, Sciences and Technology of Târgu Mureș, Gh. Marinescu 38, Târgu Mureș 540412, Romania
Manuela Rozalia Gabor: ”G. E. Palade” University of Medicine, Pharmacy, Sciences and Technology of Târgu Mureș, Gh. Marinescu 38, Târgu Mureș 540412, Romania

Acta Marisiensis. Series Oeconomica, 2020, vol. 1, 1-12

Abstract: Risk assessments are performed at multiple scales, from the global level to the community levels. These levels have their own spatial data objectives and requirements for hazard inventories, environmental data, triggers or causal factors and risk elements. The new catastrophic risk management systems include multiple approaches: i.e. vulnerability related approach, indicator-driven approaches, multiple risk approaches and spatial risk visualization. Multi-risk assessment is a complicated procedure that requires spatial data on several different aspects and a multidisciplinary approach. This paper provides an overview of the catastrophic risk management framework and the technical process for settling claims.

Keywords: risk managemnt; disaster risk; natural events; corporate insurance; remote sensing; spatial data; disaster risk reduction models (search for similar items in EconPapers)
JEL-codes: G32 G52 Q54 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:pmu:oecono:v:1:y:2020:p:1-12

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