WMO expert meeting on Requirements of Catastrophe Insurance & Weather Risk Management Markets December 7, 2007 Sharon LeDuc, Deputy Director NOAA Satellite.

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Presentation transcript:

WMO expert meeting on Requirements of Catastrophe Insurance & Weather Risk Management Markets December 7, 2007 Sharon LeDuc, Deputy Director NOAA Satellite And Information Service National Climatic Data Center (NCDC) Asheville, NC Role & Challenges & Opportunities For Servicing Financial Risk Transfer Models (backup slides)

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

Example Ozone Transport & Residence Seconds/meter

Continental Storm Risk Index – with UNCA/ NEMAC Areas with 4 inches of rain impacted 554,246 Families 798,348 Households 908,155 House Units 2,098,223 People 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

Swannano a Warren Wilson College Lane Pinnacle 5230’ Bee Tree Reservoi r Asheville Christian School Blue Ridge Parkway Swannanoa River Bee Tree Creek Cartography By: Greg Dobson FEMA NCCGIA USGS Decision Theatre enables graphic display of various hazards. Indices can be developed for communication of severity of hazard (as in the flood above). Hazards Index – with RENCI