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The EID WAKEUPCALL has been set up with the knowledge that, in the WAKE of the financial crisis, a reconsideration of fundamental assumptions that have been standard in the mathematical models for the valuation of financial and insurance products, like CALLs is taking place. The crisis alerted to reiterate models, assumptions and computations. It is now better understood that the usual paradigm, i ...

Background The recent increase in the frequency of extreme weather events has shown that the capability of public administration bodies in terms of prevention and management of emergencies is limited. At the same time, SMEs often do not have adequate skills in risk assessment and risk management. Even if a risk management plan does exist, weather events ...