Risk Frontiers is an independent research centre sponsored by the insurance industry to aid better understanding and pricing of natural hazard risks in the Asia-Pacific region. It was founded in 1994 to service the specialized needs of its sponsors in the local insurance and international reinsurance markets.  Its aims were to:

  • undertake risk assessment and research into natural hazards,
  • develop databases of natural hazards and their impacts on communities and
    insured assets, and
  • develop loss models to improve the pricing of natural hazard catastrophe risks.

These activities remain the core business of Risk Frontiers today, although it now undertakes studies on a much wider range of risk-related problems and for a client base that extends well beyond the insurance sector. It is the preferred provider of research to the NSW State Emergency Service and works with various government agencies and a number of corporate and utility organisations on risk-related issues.



Professor Howard Kunreuther celebrating his visit to Sydney with Risk Frontiers at Barrafina Restaurant. He delivered a talk at Sydney University on "Who Should Compensate the Victims of Climate Disasters?: The Role of Insurance"

Howard Kunreuther is Professor of Decision Sciences and Public Policy; Co-Director of the Wharton Risk Management and Decision Processes Center, The Wharton School, University of Pennsylvania.

An economist by training, Howard has enjoyed a very distinguished career looking at the ways in which insurance can be a positive actor in promoting adaptation and community resilience against the threats of natural perils and climate change. He has also studied the behavioural aspects of why people in the US fail to take out catastrophe insurance and scrutinised closely the performance of various government-sponsored insurance pools for flood, hurricanes and earthquakes.

From the left are Kevin Roche (RF), Paul Somerville(RF), Howard Kunreuther, Delphine McAneney (RF), John McAneney (RF) and Jonathon Davies from the Public Policy Unit of Suncorp. The mascot kneeling is Ryan Crompton (RF).

  Howard Kunreuther visit

newsletter August 2015

Quarterly Newsletter

Volume 15, Issue 1, August 2015

In this issue:

  • Lies, lies...and wretched statisticians
  • What is an Event?
  • Risk Frontiers Seminar Series 2015

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AIR_Nepal_July 2015

Asia Insurance Review - July 2015
The 25th April 2015 Mw 7.8 Nepal Earthquake

Geoscientists have long warned that crustal stresses are building up in Nepal. Professor Paul Somerville of Risk Frontiers at Macquarie University in Sydney shares about the history of some of the bigger earthquakes that affected the area, the strong ground motions, the four key factors contributing to the relatively low death toll and the economic impact of the earthquake.

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