Erwann Michel-Kerjan

Partner, McKinsey

Formerly, Executive Director, Risk Management and Decision Processes Center

Dr. Erwann O. Michel-Kerjan is an authority on managing the risks, the financial impacts, and the public policy challenges associated with catastrophic events.  He is with the Wharton School of Business (Philadelphia, USA), one of the world’s premier business schools, where he teaches Value Creation in the Wharton MBA program. He is the Executive Director of the Wharton Risk Management and Decision Processes Center, which for thirty years has been at the forefront of research and discoveries into how better manage extreme events.

Large-scale risks are reshaping the future of our increasingly interdependent world; this new era calls for a new model.  Dr. Michel-Kerjan actively works with top decision makers helping multinational corporations, governments and rulers address this new risk landscape and create sustainable value. Since 2008 he serves as chairman of the OECD Secretary-General Board on Financial Management of Catastrophes which advises the thirty-four Finance Ministers of the OECD’s member countries on these issues.

Dr. Michel-Kerjan was honored by the World Economic Forum (Davos) as a Young Global Leader, a five year nomination bestowed to recognize and acknowledge the most extraordinary leaders of the world under the age of 40. In 2011 he co-led the YGL G20 Paris initiative on Global Risks under the High Patronage of then-President Nicolas Sarkozy. Recipient in 2011 of the prestigious Kulp-Wright award for the most influential contribution to the literature on risk management (At War with the Weather, MIT Press, with H. Kunreuther), Dr. Michel-Kerjan has authored or coauthored more than 70 publications on catastrophe risk management, given over 100 public speeches, and his views regularly appear in leading media. He has studied at Ecole Polytechnique (France), McGill (Canada) and Harvard (USA).

Books

cover-Leadership-Dispatches3Leadership Dispatches: Chile’s Extraordinary Comeback from Disaster
Authors: M. Useem, H. Kunreuther and E. Michel-Kerjan
Publisher: Stanford University Press (2015)
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At War with the Weather
Authors: Howard C. Kunreuther and Erwann O. Michel-Kerjan, with Neil A. Doherty, Martin F. Grace, Robert W. Klein, and Mark V. Pauly
Publisher: MIT Press (2010)
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The Irrational Economist: Making Decisions in a Dangerous World
Editors: Erwann Michel-Kerjan and Paul Slovic
Publisher: PublicAffairs Books (2010)
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Seeds of Disaster, Roots of Response: How Private Action Can Reduce Public Vulnerability
Editors: P. Auerswald, L. Branscomb, T. LaPorte and E. Michel-Kerjan
Publisher: New York: Cambridge University Press (2006)

Treatise on New Risks. Precaution, Crisis, Insurance
Authors: O. Godard, C. Henry, P. Lagadec, E. Michel-Kerjan
Publisher: Paris: Gallimard (2002)

Journal Articles

Political affiliation affects adaptation to climate risks: Evidence from New York City (with W. J. Wouter Botzen, Howard Kunreuther, Hans de Moel, Jeroen C. J. H. Aerts). Climatic Change (2016) DOI 10.1007/s10584-016-1735-9.

Toward economic flood loss characterization via hazard simulation (with Jeffrey Czajkowski, Luciana Cunha, and James Smith). Environmental Research Letters 11 (2016) 084006

We must build resilience into our communities. Nature, 524: 389 (August 26, 2015).

Effective risk response needs a prepared mindset. Nature, 517:413 (January 22, 2015).

Divergence between Individual Perceptions and Objective Indicators of Tail Risks: Evidence from Floodplain Residents in New York City  (with W.J.W. Botzen and H. Kunreuther). Judgment and Decision Making, 10(4):.365-385. 2015.

“Examining Flood Insurance Claims in the United States” (with C. Kousky).  The Journal of Risk and Insurance, DOI: 10.1111/jori.12106.

“What Drives Households to Buy Flood Insurance? Evidence from Georgia” (with A. Atreya and S. Ferreira). Ecological Economics 117 (2015) 153-161.

“Could Flood Insurance be Privatised in the United States? A Primer”
(lead author with Jeffrey Czajkowski and Howard Kunreuther). The Geneva Papers on Risk and Insurance doi: 10.1057/gpp.2014.27, October 29, 2014.

“How terror-proof is your economy?”  Nature 514(275), October 15, 2014.

“TRIA after 2014: Examining risk sharing under current and alternative designs. “ (with Howard Kunreuther, Christopher Lewis, Robert Muir-Wood, Gordon Woo). Wharton Risk Center, July 30, 2014.

“Evaluating Flood Resilience Strategies for Coastal Megacities “ (with Jeroen C. J. H. Aerts, W. J. Wouter Botzen, Kerry Emanuel, Ning Lin, Hans de Moel). Science 344(6183): 473-475. May, 2014.

“Determining tropical cyclone inland flooding loss on a large scale through a new flood peak ratio-based methodology” (with Jeffrey Czajkowski, Gabriele Villarini and James A. Smith). Environmental Resource Letters 8 (2013) (7 pages).

“Managing Catastrophic Risks through Redesigned Insurance: Challenges and Opportunities” (with Howard Kunreuther). In: Handbook of Insurance, 2nd edition. G. Dionne, Chapter 19, pp. 517-546.

“Quantifying Riverine and Storm-Surge Flood Risk by Single-Family Residence: Application to Texas” (with Jeffrey Czajkowski and Howard Kunreuther). Risk Analysis 33(12): 2092-2110.

“Corporate Demand for Insurance: New Evidence from the U.S. Terrorism and Property Markets” (lead author with Paul Raschky and Howard Kunreuther). Journal of Risk and Insurance, 82 (3): 505-530 (2015).

An Economic Analysis of Climate Adaptations to Hurricane Risk in St. Lucia” (with Chieh Ou-Yang and Howard Kunreuther). Geneva Papers. R I-Iss P 38: Special Issue on Disaster Reduction and Extreme Events, 38(3) 521-546.

“Catastrophe Risk Models for Evaluating Disaster Risk Reduction Investments in Developing Countries” (lead author, with S. Hochrainer-Stigler, H. Kunreuther, J. Linnerooth-Bayer, R. Mechler, R. Muir-Wood, N. Ranger, P. Vaziri and M. Young). Risk Analysis,33(6): 984-999, June 2013.

“Insuring Future Climate Catastrophes” (with H. Kunreuther and N. Ranger). Climatic Change, December 2012.

“How resilient is your country?” Nature, November 21, 2012

“TRIA at Ten Years: The Future of the Terrorism Risk Insurance Program”
Testimony before the Committee on Financial Services U.S. House of Representatives Subcommittee on Insurance, Housing and Community Opportunity, September 11, 2012.

“Policy Options for Reducing Losses from Natural Disasters”
(with H. Kunreuther) Copenhagen Consensus 2012. 

“Policy Tenure Under the U.S. National Flood Insurance Program (NFIP)”
(with S. Lemoyne de Forges and H. Kunreuther) Risk Analysis, 32(4): 644-658, 2012.

“Redesigning Flood Insurance” (with H. Kunreuther). Science, (333)6041:408-409, July 22, 2011.

“A Methodological Approach for Pricing Flood Insurance and Evaluating Loss Reduction Measures: Application to Texas” (with J. Czajkowski and H. Kunreuther). Wharton Risk Management Center, January, 2012.

“The Effects of Government Intervention on The Market for Corporate Terrorism Insurance” (with P. Raschky). European Journal of Political Economy, 2011.

“Is Imprecise Knowledge Better than Conflicting Expertise? Evidence from Insurers’ Decisions in the United States” (with L. Cabantous, D. Hilton and H. Kunreuther). Journal of Risk and Uncertainty, 2010, 42(3): 211-232.

“Catastrophe Economics: Flood Insurance in the United States” Journal of Economic Perspectives, (2010), 24(4): 165–86.

“Long-Term Property Insurance” (with D. Jaffee and H.Kunreuther). Journal of Insurance Regulation,(2010), 29(07): 167-187.

“Come Rain or Shine: Evidence on Flood Insurance Purchases in Florida”
(with C. Kousky), The Journal of Risk and Insurance, 2010, 77:2, 369-397.

“Overcoming Decision Biases to Reduce Losses from Natural Catastrophes”
(with H. Kunreuther and R. Meyer) in Behavioral Foundations of Policy, E. Shafir (ed.), Princeton University Press (in press, 2012).

Op-Ed and Popular Media

Leadership Dispatches: Business Lessons From A President Taking Charge (with M. Useem and H. Kunreuther). The European Business Review, July 2015

From Nepal quake, lessons of preparedness, recovery (with M. Useem and H. Kunreuther). The Philadelphia Inquirer, April 29, 2015

The Unexpected Threat to Super Bowl XLIX (with Howard Kunreuther) Businessweek.com December 9, 2014

To Get People to Buy Insurance, Change How You Talk About Risk. 
(with Howard Kunreuther and Robert Meyer) BloombergBusinessweek, September 22, 2014

“Maintain the Best Features of Biggert-Waters” The Hill, March 6, 2014

“Stop the Davos Bashing! A five-point reality check” CNBC, January 27, 2014

“What Are the Top Five Risks the World Faces in 2014?”
Knowledge@Wharton, January 17, 2014

“A Proposal for Insuring Public Facilities and Infrastructure Against Disaster Losses” Huffington Post, October 29, 2013

“Reauthorizing TRIA: The State of the Terrorism Risk Insurance Market “
Hearing of the U.S. Senate, Committee on Banking, Housing and Urban Affairs , September 25, 2013

“Viewpoint: The Case for Government-Backed Terrorism Insurance” TIME, July 9, 2013

“Paying for Future Castrophes” New York Times Sunday Review, November 25, 2012

“How resilient is your country?” Nature, November 21, 2012

“Where Is Risk Management Headed Today?”  MDS Group Magazine, October, 2012

“Why We Should Not (Always) Blame Congress” The Huffington Post, August 8, 2012

“Is Income Disparity Slowly Fueling the Next Global Crisis?” The Wall Street Journal, January 21, 2012

“Video: Global Risks Report 2012”Bloomberg TV, “Inside Track”, January 20, 2012

G20 to Support the Establishment of National Risk Officers?” The Huffington Post, November 1, 2011

“Prepare yourself, natural disasters will only get worse.” The Washington Post, September 15, 2011

“Are Extreme Events Roadblocks to Growth?” The Huffington Post, September 9, 2011

“To buy or not to buy? When do companies choose terrorism insurance?”
Canadian Insurance Top Broker, May 24, 2011

“Redesigning Flood Insurance” (with Howard Kunreuther). Science, (333)6041:408-409, July 22, 2011

“The Year in Risk” Wharton Magazine, Spring, 2011

“Risky Business: Insurance Industry Entering ‘New Era’ of Catastrophes” 
Insurance Journal, Podcast (23 minutes), May 16, 2011

“U.S. Energy Policy after Japan: If Not Nuclear, Then What?” Knowledge@Wharton, March 30, 2011

“Crisis in Japan: What Will the Costs Be?”  Knowledge@Wharton, March 16, 2011

“Is Japan Facing a ‘Perfect Storm?’” Wharton Magazine, March 14, 2011

“Turmoil in Arab World Ushers in ‘New Reality’ for All Governments”
Arabic Knowledge@Wharton, February 23, 2011

“Risk Management in MENA and Tunisia’s ‘Wake-up Call’”
Arabic Knowledge@Wharton, January 25, 2011

“The Davos barometer: Risks ahead.” The Washington Post, January 24, 2011

“Covering the cost of natural devastation” The Australian, January 17, 2011

“World Economic Forum’s Global Risks Report 2011”  Bloomberg TV, January 13, 2011

“America’s Aging Infrastructure: What to Fix, and Who Will Pay?” 
Knowledge@Wharton, November 10, 2010

“MENA Countries Need to Foster Their Risk Management Capabilities, But How?” The Huffington Post, October 26, 2010

“The Collapse of Compassion” The Huffington Post, October 7, 2010

“Pakistan’s Challenge: How to Lead in the Wake of Catastrophe” The Washington Post, September 2, 2010

“Overcoming Myopia. Lessons from BP Oil Spill and Other Catastrophes”
(with Howard Kunreuther) Milken Institute Review, 2010, 4th Quarter

“Risk Management 2.0: Reassessing Risk in an Interconnected World”
Rotman Magazine, Fall 2010

“Ensuring that Our Economies Remain Terror-Proof” Huffington Post, June 23, 2010

“How to manage risk in complex projects” Financial Times, May 18, 2010

“Reform of the National Flood Insurance Program (NFIP): Introducing Long-Term Flood Insurance” Huffington Post, April 28, 2010

“Masters of Disaster” Wharton Magazine, Spring 2010

“A More Dangerous World. Why we misunderstand risk.” NEWSWEEK International edition, March 1, 2010

Working Papers

Does Federal Assistance Crowd Out Private Demand for Insurance? (with Carolyn Kousky and Paul A. Raschky) Wharton Risk Center Working Paper #2014-04

Demand for Multi-Year Insurance: Experimental Evidence (with Howard Kunreuther). Wharton Risk Center Working Paper #2013-11

Catastrophe Financing for Governments: Learning from the 2009-2012 Multicat Program in Mexico
OECD Working Papers on Finance, Insurance and Private Pensions, No. 9, OECD Publishing. doi: 10.1787/5kgcjf7wkvhb-en , (with I. Zelenko, V. Cardenas and D. Turgel)

Corporate Demand for Insurance: An Empirical Analysis of the U.S. Market for Catastrophe and Non-Catastrophe Risks
(with P.A. Raschky and H. Kunreuther), 2011, NBER Working Paper #17403.

The Demand for Flood Insurance: The Effect of Damage, News and Govermental Relief over Time and Space. (with C. Kousky and P. Raschky), 2010.

Looking at Optimal Risk-Sharing in a Kaleidoscope: The (Market Power, Information) Rotational Symmetry
(with D. Henriet), January 2008.

“Enhancing Theater Security Cooperation in the 21st Century: How the U.S. Navy Can Help”
(with M. Budney and J. Dziminowicz) Risk Center Working Paper #2008-01-02.

“The Future of Nuclear Energy Markets and International Security
(with D. Decker) Joint Working Paper, The Wharton School, University of Pennsylvania and Kennedy School of Government, Harvard University, January 2008.

2014

Committee on Risk-Based Methods for Insurance Premiums of Negatively-Elevated Structures in the National Flood Insurance Program, National Academy of Sciences, Washington, DC, March 6-7, 2014

2013

Transforming Mitigation Awareness into Action, Insurance Institute for

Business & Home Safety (IBHS), Richburg, SC, December 11, 2013

NACD Board Leadership Conference, Washington, DC, October 14, 2013

Post Event Review Capability (PERC) Workshop, American Red Cross Global

Disaster Preparedness Center, Washington, DC, August 7-8, 2013

World Conference on Disaster Management, Toronto, Canada, June 24, 2013

Caught in the Middle, Wharton School, Philadelphia, PA, June 3, 2013

U.S. Public Policy Dialogue, Washington, DC, March 26, 2013
Testimony at the Roundtable for the U.S. Senate Committee on Small Business and Entrepreneurship, “Helping Small Businesses Weather Economic Challenges and Natural Disasters.” Washington, DC, March 14, 2013

World Economic Forum, “IdeasLab: Building Resilience to Global Risks.” Davos, Switzerland, January 23-27, 2013

2012

Meeting of the G20, Mexico City, Mexico, November 2012

Managing and Financing Extreme Events, Wharton Risk Management Center, University of Pennsylvania, October 2012

U.S. Congress; Testimony on terrorism insurance for the House Financial Committee, Washington, DC, September 2012

U.S. National Association of Mutual Insurance Companies (NAMIC), Washington, DC, September 2012

Canadian Institute of Actuaries, Toronto, Canada, September 2012

G20, Steering Group on Disaster Risk Management, Mexico City, Mexico, September 2012

The World Bank, Washington DC, May 2012

U.S. National Bureau of Economic Research (NBER) University Conference on Catastrophe Risks and Insurance, Co-organizer with Howard Kunreuther (Wharton) and Ken Froot (Harvard). Boston, MA, May, 2012

Copenhagen Consensus 2012, Copenhagen, May 2012

Federal Emergency Management Agency (FEMA) National Conference, Austin, TX, May 2012

World Economic Forum, Puerto Vallarta, Mexico, April 2012

French Review of Economic Studies, Conference in Honor of Professor Claude Henry (Science Po/Columbia University), Paris, France, March, 2012

French Treasury and French Association for the Protection against Natural Disasters, Paris, France, March, 2012

Reinsurance Association of America Annual Conference, Orlando, FL, April, 2012

2011

Young Global Leaders Annual Summit, Dalian, People’s Republic of China, September 12-16, 2011

OECD High-Level Advisory Board, Paris, June 23-24, 2011

Reforming Institutions and Managing Extremes: U.S. Policy Options for Adapting to Climate Change, Resources for the Future, Washington, DC, June 1, 2011

Expanding Risk Management Solutions for Sovereigns, Government Borrowers Forum (GBF), World Bank Treasury, Santiago de Chile, May 9-12, 2011

How Organizations Think About the Unthinkable: A Risk Management

Workshop about Avoiding, Managing and Mitigating Crises, University of California, Washington, DC. April 19, 2011

Women’s World Banking, Annual Meeting, (Keynote Presentation), New York, NY, April 7, 2011

World Economic Forum, Annual Meeting, Davos, Switzerland, January 26-30, 2011

2010

The Penn Symposium on Fostering and Financing Long-Term Investments in Prevention and Protection, Wharton Risk Management Center, Penn School of Medicine, Leonard Davis Institute, University of Pennsylvania, December 13-14, 2010

Financial Times – Chartis Conference, Emerging Risks for Cross Border Business: Strategies for Evolving Multinational Liabilities, November 30, 2010

Roles for Third Parties in Improving Implementation of EPA’s and OSHA’s Regulations on the Management of Low-Probability, High-Consequence Process Safety Risks, Wharton Risk Management Center, University of Pennsylvania, November 18, 2010

2010 World Economic Forum on the Middle East and North Africa, Marrakech, Morocco, October 26-28, 2010

8th Insurance-Linked Securities Summit, Bermuda, July 14, 2010

Terrorism Insurance in 2010: Where Do We Stand? OECD Network on the Financial Management of Large-Scale Catastrophes and the Australian Reinsurance Pool Corporation (co-organizer) Paris, France, June 1-2, 2010

Young Global Leaders’ Annual Summit 2010 and the World Economic Forum on Africa, Dar es Salaam, Tanzania, May 2-7, 2010

U.S. Senator Roger Wicker’s Round Table Forum on Flood Insurance
Gulfport, MS, April 8, 2010

Greenhouse Markets after Copenhagen: Consequences and Best Practices for Business Management, Wharton, March 19, 2010

Department of Homeland Security — University Network Summit
Washington DC, March 10, 2010

2010 Assembly of the Gilbert F. White National Flood Policy Forum “Managing Risk to Humans and to Floodplain Resources” George Washington University, March 9, 2010

Women’s World Banking: Advanced Leadership Workshop, Wharton, March 3, 2010

American Economic Association (AEA) “Economics of Security”
presenting “Corporate Demand for Insurance: An Empirical Analysis of the U.S. Market for Catastrophe and Non-Catastrophe Risks” Atlanta, Georgia, January 4, 2010

2009

Climate-related Catastrophes, Financial Innovations and Development: J-30 before Copenhagen (Co-organizer), Ecole Polytechnique; AXA Chair on Insurance of Extreme Events; EDF Chair on Sustainable Development, Paris, France, November 1, 2009

Second Conference of the OECD International Network on the Financial Management of Large-scale Catastrophes, Bangkok, Thailand, September 24-25, 2009

Young Global Leaders’ Summit, Dalian, People’s Republic of China, September 8-12, 2009

National Bureau of Economic Research, Economics of National Security, Cambridge, MA July 24, 2009

World Economic Forum: Global Leadership Fellows Programme on Globalization
Catastrophe Risk Management, The Wharton School, Philadelphia PA, July 8, 2009

Organization for Economic Cooperation and Development (OECD) Forum
Paris, France, June 11-12, 2009

National Bureau of Economic Research, Insurance Project Workshop, Cambridge, MA, June 9-10, 2009

Climate Decision Making Center, Carnegie Mellon University, Pittsburgh, PA, May 19-20, 2009

Property Claim Services/Insurance Services Office, Catastrophe Conference, Miami, FL, May 3-6, 2009

Florida Catastrophic Storm Risk Management Center, Florida State University, Tallahassee, FL, April 23, 2009

International Institute for Applied Systems Analysis (IIASA), Laxenburg Austria, March 9-10, 2009

International Seminar at the University of Innsbruck, Adaptation to Climate Change: The Role of Insurance, March 6-7, 2009

World Economic Forum Annual Meeting, Davos, Switzerland, January 26-February 1, 2009

Young Global Leaders Annual Meeting, Davos, Switzerland, January 28-February 1, 2009

American Enterprise Institute, Private Markets and Public Insurance Programs, Washington DC, January 15, 2009

2008

The “Irrational Economist” Conference, (Co-Organizer) The Wharton School, Philadelphia, PA, December 4-5, 2008

World Economic Forum’s Global Agenda Councils, Dubai, United Arab Emirates. November 7-9, 2008

World Economic Forum’s Annual Meeting of the New Champions, Tianjin, People’s Republic of China. September 25-29, 2008

OECD/UNISDR Senior Symposium on Disaster Preparedness and Financing
Beijing, China. September 27-28, 2008

European Commission Network for the Economic Analysis of Terrorism (NEAT), The Economic Analysis of Terrorism: The Current State of Policy-Making and Research. Brussels. September 22, 2008

Behavioral Economics and Terrorism Risks, University of Southern California/Wharton Risk Center, Los Angeles, CA. August 15, 2008

OECD/U.S. Treasury International Conference on Financial Education, Washington, DC. May 28, 2008

Conference on Terrorism and Policy, University of Texas at Dallas, Dallas, TX. May 15, 2008

Annual Meeting of the NBER Insurance Project, Cambridge, MA. May 9, 2008

Florida Catastrophic Storm Risk Management Center, 2008 Speaker Series, Florida State University, March 6, 2008

American Economic Association Annual Meeting, Invited Session, “Economics of Security Externalities.” New Orleans, LA. January 4-6, 2008

2007

“Managing Large-Scale Risks in a New Era of Catastrophes.” Joint Ecole Polytechnique-IDDRI Conference seminar series, Institut d’Etudes Politiques de Paris, (Science Po), France. November 13, 2007

“Disasters: Recipes and Remedies,” Presentation on “The Calculus of Risk vs. Preparedness.” New School of Social Research, New York City. November 1-2, 2007

“Behavioral Foundations of Policy.” Princeton University, Princeton, NJ. October 19-20, 2007

“Managing Large-Scale Risks in a New Era of Catastrophes.” The Wharton School, University of Pennsylvania. Risk Regulation Seminar Series, September 25, 2007

“Puzzling Evidence from Terrorism Insurance Markets.” Wharton Applied Economic Workshop, The Wharton School, University of Pennsylvania, August 29, 2007
“The Economics of Global Risks,” 4th CREATE Annual Conference, University of Southern California, Center for Risk and Economic Analysis of Terrorism Events (CREATE), Los Angeles, CA. August 14-16, 2007

NBER Summer Institute, NBER Group on Economics of National Security (Martin Feldstein, organizer), “Puzzling Evidence from Terrorism Insurance Markets.
Boston, MA. July 26-27, 2007

“Dealing with the Extra-Ordinary: Managing and Financing Global Risks in a Growing Interdependent World,” Chicago Actuarial Association, Chicago Chapter, Professional Risk Managers’ International Association, and Midwest Actuarial Forum, Chicago, IL. June 28, 2007

“Managing Economic Risk in the Age of Terror: The Role of Government in the Private Insurance Market.” Center for American Progress, Washington, DC. May 21, 2007

“Environmental Sustainability and Corporate Behavior.”
Toulouse School of Economics, Toulouse, France. June 1-2, 2007

“Managing Large-Scale Disasters in a World-Peak Zone.” Ecole Polytechnique-ADEME, Paris, France. March 23, 2007

The American Association for the Advancement of Science (AAAS)
Annual Meeting, Invited session, “America’s Achilles Heel: Critical Infrastructure Services in Time of Disaster.” San Francisco, CA. February 15-19, 2007

2006

“Nuclear Security and the Insurance Industry” (with Debra Decker, Harvard)
Council of Foreign Relations, New York, NY. December 15, 2006

“Assurances of Supply and Non-Proliferation: How Could the International Atomic Energy Agency (IAEA) Benefit from Working with the Insurance/Finance Industry?” Harvard University, Kennedy School of Government, Boston, MA. November 17, 2006

National Tax Association(99th Annual Conference), “Disasters: Implications for Public Finance and Public Policy.” Boston, MA. November 17, 2006

“Climate Change, Insurability of Large-Scale Disasters and the Emerging Liability Challenge,” Symposium on Responses to Global Warming: The Law, Economics, and Science of Climate Change, University of Pennsylvania Law School,  Philadelphia, PA. November 16-17, 2006

“The Role of Insurance in Managing Large-Scale Natural Disasters.” Session on Natural Disasters, INFORMS Meeting, Pittsburgh, PA. November 7, 2006

“Global Supply Chain Security” (organizer), Wharton Risk Center/ISTAR/Lockheed Martin, Philadelphia, PA. November 3, 2006

“Homeland Security and Food Safety.” University of Minnesota, Minneapolis, MN. November 1, 2006

Economics Assessment of Hurricane Katrina. 3rd Annual Conference, University of Southern California, Center for Risk and Economic Analysis of Terrorism Events (CREATE), Los Angeles, CA. August 2006

NBER Summer Institute, Group on Economics of National Security (Martin Feldstein, organizer), Cambridge, MA. July 2006

“Mitigation of Large-Scale Disasters.” Insurance and Pension Funds Committee, Organization for the Economic Cooperation and Development (OECD)
Geneva, Switzerland. July 2006

Joint Conference on “Insurance and Global Warming” (co-organizer), Carnegie Mellon/Wharton, Washington, DC. May 2006

Conference on “Interdependent Security.” Wharton School, University of Pennsylvania, Philadelphia, PA. May 2006

Annual Meeting of the Insurance Group. NBER, Cambridge, MA. February 2006

Conference on Protection of Critical Infrastructure and Financing Extreme Events (organizer), Ecole Polytechnique-EDF, Paris, France. February 2006

2005

“The Future of Terrorism Risk Insurance Post TRIA.” George Washington University, Homeland Security Policy Institute, ” Washington, DC. October 2005

University of Southern California, Center for Risk and Economic Analysis of Terrorism Events (CREATE), Los Angeles, CA. August 2005

“Building a Global Reaction Capacity: The Case of Anthrax Threat.” Harvard’s Kennedy School/SwissRe Global Dialogue Forum, Zurich, Switzerland. June 2005

U.S. National Bureau of Economic Research (NBER), Insurance Group Workshop
Cambridge, MA. February 2005

Extreme Events Conference, Wharton Risk Management Center, University of Pennsylvania, Philadelphia, PA. February 2005

2004

Centre National de la Recherche Scientifique (CNRS)-Ecole des Mines de Paris, Nice Sophia-Antipolis, November 2004

“Insurability of Mega-Terrorism,” Organization for Economic Cooperation and Development (OECD), Insurance and Financial Institutions Committee, Paris, France. November 2004

International Risk Governance Council, Geneva, Switzerland. June 2004

“Critical Infrastructure Protection.” Harvard University, Kennedy School, Boston, MA. May 2004

“Financing Large-Scale Risks and Disasters: Public-Private Collaboration, Myths and Realities,” Institute for Sustainable Development and International Relations, Paris, France. March 2004

U.S. National Bureau of Economic Research (NBER), Insurance Group Workshop
Cambridge, MA. February 2004

Extreme Events Conference, Wharton Risk Management Center, University of Pennsylvania, Philadelphia, PA. February 2004

“Terrorism Risk Financing,” University of California at Berkeley and Lawrence Livermore National Laboratory, Berkeley, CA. January 2004

2003

“Critical Infrastructure Protection,” Geneva Center for Security Policy, Geneva, Switzerland. November 2003

“Firms Facing New Risks,” Paris Chamber of Commerce – Chambre de Commerce et d’Industrie de Paris, Paris, France. 2003