As of July 1 Risk Frontiers is now a privately owned R&D company, having spun out of Macquarie University, its former home for some 23 years. The centre is excited about the journey ahead and believes its newly acquired independent status paves the way for new opportunities including the chance to tap into external funding and monetise parts of the business to fund research in new areas like coastal erosion, machine learning and cyber security.
This year’s annual seminar will preserve its by now familiar format and we will use the occasion to celebrate some of Risk Frontiers’ historical successes and showcase its capability in new areas of risk science. In terms of its historical achievement we would be loath not to mention the following:
- The development of the PerilAUS database of deaths and building losses arising from Australian natural hazard events. This database is now considered complete back to 1900.
- The National Flood Information and Flood Exclusion Zone databases, the former developed with Willis Re and with the support of the Insurance Council of Australia. These now provide base information on flood risks for some 92% of properties, allowing insurers to price this risk and emergency managers to understand their exposure and threats to community resilience.
- Risk Frontiers’ catastrophe loss modelling suite for Australian perils including bushfire, earthquake, flood, hail and tropical cyclone, and NZ earthquake, all of which are now available on our Multi-Peril Workbench. We are working with other vendors and platform providers to give users more flexibility in the mode of delivery of these models.
- Normalisation of historical loss databases that allow the costs of historic Nat Cat event losses to be compared as if all events were to impact where and how we live today.
- The first-ever physically-based ground motion prediction models for Australian seismic ground motions.
- The development of a machine learning-based wind field model in the Australian region using our methodology recently published in Monthly Weather Review. This new model will be incorporated in a future Workbench update.
- New work showing heatwaves to be a greater killer than all other natural perils put together and associated social science and policy research in relation to the management of floods, bushfires and heatwaves.
Come along and participate in this year’s seminar to learn more about the latest risk science from Risk Frontiers specialists and their capabilities.
Long-term natural records of tropical cyclones
This year’s guest speaker, Professor Jonathon Nott, is a geoscientist who, inter alia, has reconstructed long term records of extreme storm surge events on the Australian coastline. Come and learn how representative is the recent satellite era of the longer-term history of landfalling cyclones.
Synthesis of Risk Frontiers’ social research findings
Andrew Gissing distils key learnings in context of fire, flood, heatwave and tropical cyclone events.
Vignettes de recherche
Listen to Lucinda Coates on our updated PerilAUS record of deaths from natural hazard events and Tahiry Rabehaja on how to update the updating of PerilAUS. Thomas Mortlock will talk about coastal erosion and TC Debbie while Mingzhu Wang explains how machine-learning techniques are improving FireAUS.
Seasonal drivers of bushfire weather risks in SE Australia
Stuart Browning goes back to 1851 and further still to develop a long-term history of bushfire climate risks.
And did I mention it? There are drinks as well!!
Employees of Sponsor Companies (Aon Benfield, Guy Carpenter, IAG, QBE, Suncorp and Swiss Re)
Please click here for Registration Form
Employees of Non-Sponsor Companies
Please visit Eventbrite to register.