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WMO expert meeting on Requirements of Catastrophe Insurance & Weather Risk Management Markets December 7, 2007. Role & Challenges & Opportunities For Servicing Financial Risk Transfer Models (backup slides). Sharon LeDuc, Deputy Director NOAA Satellite And Information Service
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WMO expert meeting on Requirements of Catastrophe Insurance & Weather Risk Management MarketsDecember 7, 2007 Role & Challenges & Opportunities For Servicing Financial Risk Transfer Models (backup slides) Sharon LeDuc, Deputy Director NOAA Satellite And Information Service National Climatic Data Center (NCDC) Asheville, NC
NOAA’s roles: Warnings (NWS); Data for risk assessment mitigation preparedness (NCDC, CSC) Outlook for risk assessment mitigation preparedness (NWS)
Billion Dollar Climate and Weather Disasters 1980-2006 1980-2004
Example Ozone Transport & Residence Seconds/meter
Continental Storm Risk Index – with UNCA/ NEMAC • Develop Storm Risk Indices for US for 20+ years • Improve Disaster Assessment & Response • Using NOAA’s radar data & 2000 • US Census data, determine who was affected by heavy rainfall during Hurricane Charley Areas with 4 inches of rain impacted 554,246 Families 798,348 Households 908,155 House Units 2,098,223 People
Hazards Index – with RENCI Lane Pinnacle 5230’ Blue Ridge Parkway Bee Tree Reservoir FEMA NCCGIA USGS Bee Tree Creek Swannanoa River Warren Wilson College Swannanoa River Asheville Christian School Swannanoa Decision Theatre enables graphic display of various hazards. Indices can be developed for communication of severity of hazard (as in the flood above). Cartography By: Greg Dobson 1-27-07