Natural catastrophe risk

Natural catastrophe risk
Natural catastrophes are one of the main causes of financial loss. The operational
risk manager should asses whether the building is likely to be affected by: major
landslide/mudslide, snow storm/blizzard, subsidence faulting, thunder/electrical
storm, seasonal/local/tidal flooding, volcano, geomorphic erosion (landslip), or be
located in an earthquake zone. Past history is normally used to assess such risks.