Black Swan

Events &

Insurance

Scott Ryrie

ICRM Symposium 2012

22nd February 2012

Black Swan

Events and

Insurance

ICRM Symposium 2012

Scott Ryrie

22nd February 2012

2

Japan Tsunami

Tsunami Warnings, Written in Stone

Source: NY times

Hundreds of these tsunami stones, some

more than six centuries old, dot the coast

of Japan.

Many carry simple warnings to drop

everything and seek higher ground after a

strong earthquake. Others provide grim

reminders of the waves’ destructive force

by listing past death tolls or marking mass

graves.

A stone tablet in Aneyoshi, Japan, warns

residents not to build homes below it. The

stark warning carved on its weathered

face: “Do not build your homes below this

point!”

3

Brisbane Flood

Wivenhoe Dam operators face threat of lawsuits

STATE dam operators face the prospect of huge class-action

lawsuits if it is proved that they were negligent in releasing water

from Wivenhoe Dam and thus contributed to flooding in

Brisbane or elsewhere.

The mayor of Queensland's flood-devastated

Lockyer Valley has admitted he neglected to

prepare an evacuation plan for the region,

despite being sent a blank template by the state

government.

Survivors of the valley's inland tsunami have fiercely

criticised mayor Steve Jones over his handling of

the humanitarian catastrophe that followed the

devastating flash flood on January 10, which killed

at least 17 of his constituents.

Source: www.theaustralian.com.au, AdelaideNow, www.couriermail.com.au

4

Christchurch Earthquakes

Red contours indicate liquefaction damage from

the September 2010 earthquake.

Green contours indicate liquefaction damage

from the February 2011 earthquake.

The epicentre, was 10km southeast of the

city and was a mere 5km beneath the

ground.

Source: BBC

5

Source: Bangkok Post, NYDaily News, Global Post

Bangkok Floods

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