02 Nov. 09 – Paris

 

 

 

 

Retrouvez le site officiel de l’événement : http://www.polytechnique.fr/conf-AXA

 

 

Le fonds AXA pour la Recherche est heureux de vous inviter à la conférence / The AXA Research Fund is happy to welcome you to the workshop :

Catastrophes climatiques, innovation financière et développement : Un mois avant Copenhague / Climate-related castastrophes, financial innovation and development : One month before Copenhagen


Organisée par le Département d’Economie de l’Ecole Polytechnique dans le cadre de la Chaire AXA Assurance et Risques Majeurs et de la Chaire EDF Développment Durable, avec le soutien de la Fondation du Risque / Organized by the Department of Economics at the Ecole Polytechnique through the AXA Chair on Large Risks in Insurance and the EDF Chair on Sustainable Development, with the support of the Fondation du Risque.

Lundi 2 novembre 2009 de 08h15 à 16h30
Monday November 2nd, 2009 from 8.15 am to 4.30pm

 

 

Complete retransmission of the Climate-related Catastrophes, Financial Innovations and Development.

Online downloading of presentations

 

 

 

Session 1 : From climate models to climate exposure models and  short-term weather predictions: where do we stand?
Session chaired by : Dominique Bureau, Ecole Polytechnique and ECSD (France)

 

Climate changes: from alert to action,  the scientific community messages
General introduction
Hervé Le Treut, Professor, Ecole Polytechnique, Chair for Sustainable Development-EDF, Institut Pierre-Simon Laplace and French Academy of Sciences (Paris, France)

New Advances in Climate-Related Catastrophe Models
Robert Muir-Wood, Chief Research Officer & Executive Vice President, Risk Management Solutions (RMS, London, United Kingdom)

 

Q&A with audience

 

 

 

Session 2 : Innovations for financial management of large-scale risks in developed countries

Session chaired by: Erwann Michel-Kerjan, The Wharton School of Finance (USA) and École Polytechnique (France)

 


Bringing Mitigation and Financial Protection Together, At Last: How can Long-Term Insurance Contracts (LTI) Be Part of the Solution?
Howard Kunreuther, Professor and Co-Director, Center for Risk Management and Decision Processes, The Wharton School of Finance, University of Pennsylvania (Philadelphia, USA)

 

Carbon Trading and ART: Financial Innovations to The Rescue of Climate Change
Frédéric Morlaye, Director, AON Global Risks Consulting (Paris, France)

Climate change & Solvency II
Guillaume Gorge, P&C Chief Risk Officer, AXA (Paris, France)

 

 

 

Session 3 : Innovations for financial management of large-scale risks in poor and developing countries
Session chaired by: Pierre Picard, Department of Economics, École Polytechnique (Paris, France)

 

 

Climate Change and Development:  A Development Agency’s Perspective
Pierre Jacquet, Executive Director for Strategy and Chief Economist, Agence Française de Développement (Paris, France) 

 

Financial Innovations for Disaster Insurance in Emerging Economies: The New (World Bank) MultiCat Program                        
Ivan Zelenko, Head of Derivatives and Structured Finance, Capital Markets Department, The World Bank’s Treasury (Washington, DC, USA)

 

Copenhagen's Climate Adaptation Negotiation: The Munich Climate Initiative Proposal for An International Insurance Fund
Joanne Linnerooth-Bayer, Head of the Risk Program, International Institute for Applied System Analysis (IIASA) (Laxembourg, Austria)

 

Mitigation of Exogenous Disaster: The Role of Macroeconomic Policies
Romain Ranciere, Associate Professor, Paris School of Economics, Research Associate at CEPR, (London, UK) and International Monetary Fund (Washington, DC, USA)

 

Insuring Developing Countries against Hurricanes: A Review of the Caribbean Catastrophe Risk Insurance Facility
Eric Strobl, Associate Professor, Department of Economics, École Polytechnique (Paris, France)

 

Q&A with audience

 

Conclusion


Dominique Bureau, Ecole Polytechnique and ECSD (France)
Erwann Michel-Kerjan, The Wharton School of Finance (USA) and École Polytechnique (France)

Pierre Picard, Department of Economics, École Polytechnique (Paris, France)