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All things considered, then, Capello is probably running at about 2.3 on the Catastrophe Index.
A Catastrophe Index (CI) is proposed as a numerical indicator to measure a qualitative change from a stable state to a catastrophic state.
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In 2008, the Swiss Re catastrophe bond index rose 2.3 percent, compared with a loss of 38 percent in the Standard & Poor's 500-stock index.
The catastrophe bond index returned 10.5 percent from 2007 through 2010, compared with an 11 percent fall in the S.& P. "The fact that we demonstrated positive returns has been very helpful in getting new funds into the space," said Paul Schultz, president of Aon Benfield's investment banking division, which packages and sells catastrophe bonds.
An important finding is that the catastrophic characteristic index D (i.e., the bifurcation set of the cusp catastrophe model) drastically increases to a high peak value and then quickly drops close to instability.
In each hierarchy, the indices form a different catastrophe system.
The main feature of the catastrophe progression method is that the weight of indices is not considered, which can avoid the effect of human subjective factor in practice [12].
OO Accounting Giant: We're 20 Years From Climate Catastrophe - says Pricewaterhouse Coopers in their latest carbon economy index report.
Last year, international development body Germanwatch placed the Philippines at the top of its annual climate risk index, which measures the impact of weather-related catastrophes on countries around the world.
The catastrophe progression method does not need to assign a weight for each index as required by the fuzzy mathematical method, and hence can avoid the human subjectivity in determining the weights.
In the catastrophe progression method, we first divide the evaluation system into sub-indexes, then normalize the control variables, and finally calculate the catastrophe affiliated functional value according to the complementary principle and non-complementary principle [13, 14].
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