MU logo
rf header

homeabout usresearchnewsletterlinkssponsorscontact us

MU homepage
ELS
Physical Geography

list of sponsors

Aon Re
Australian Reinsurance
Pool Corporation
Benfield Australia
Swiss Re
Guy Carpenter
IAG Insurance
QBE
Suncorp-Metway
GE Insurance Solutions
Promina

 

 

 

 

 

 


       
       
    Capability Statement  
 

 

 

Risk Frontiers (formerly the Natural Hazards Research Centre) is regarded as a world leader in quantitative natural hazards risk assessment and risk management. Risk Frontiers, based at Sydney's Macquarie University, is a not-for-profit research organization sponsored by the Australian insurance community. For ten years, it has provided insurers, who are under ever-increasing pressure to minimise risks and maximise returns, with sophisticated research-based solutions. Other applications include emergency management, land use planning and floodplain management. As well as Australia, these tools are currently being used in Europe, North America and Asia .

In short, Risk Frontiers:

  • provides a focussed, independent and international research capability
  • helps insurers and reinsurers better understand and price natural hazard risks in the Australasian and Asia-Pacific environment
  • provides probabilistic Catastrophe Models
  • provides Relative Risk Ratings on specific and combined perils, and
  • undertakes contract research.

Key areas of expertise in respect of natural hazards include:

  • flood risk modelling and home and contents vulnerability
  • earthquake loss modelling
  • bushfire risk ratings
  • volcanic risk assessment
  • hail storm loss modelling
  • landslide risk assessment
  • multi-hazard risk assessment and
  • portfolio engineering

Key generic skills include:

  • Stochastic modelling
  • Geology/Geomorphology
  • Physics & Mathematics
  • Remote Sensing & Image Processing
  • Financial Modelling
  • Seismic Engineering
  • Risk-informed decision-making
  • Meteorology
  • Agronomy

A strategic worldwide resource of research associates in other specialist areas concerning natural hazards.