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Example of the adjustment of loss distribution as a consequence of changing risk
Models can produce a probable maximum loss (PML) curve, a chart that is a function of the highest amount an insurer is set to lose at a range of return periods (years).
Mapping the impacts of natural hazards and technological accidents in Europe
The report assesses the occurrence and impacts of disasters and the underlying hazards such as storms, extreme temperature events, forest fires, water scarcity and droughts, floods, snow avalanches, landslides, earthquakes, volcanoes and technological accidents in Europe for the period 1998-2009.