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While the severity of the pandemic was difficult to assess early on, a very severe scenario (e.g., mortality similar to what was reported during the 1918 pandemic) was quickly excluded [ 27, 30].
Our first concurrent stress tests run in 2014, centred on the housing market, gave us assurance that the banking sector as a whole was well-placed to withstand such as severe scenario.
The most severe scenario occurs during cold water injection in the cold leg due to a Loss-Of-Coolant Accident (LOCA).
Eric Sieracki, the chief financial officer, walked directors through the conditions of a "base scenario," a "stress scenario," and a "severe scenario" — as if it were not evident that the Countrywide scenario was already severe.
In this study, the heated tanks are considered to be empty, which is the most severe scenario, for their structural integrity.
In a severe scenario involving a 6ft (1.8m) rise in sea levels by 2100, fuelled by the gradual collapse of the Antarctic ice sheets, a total of 13.1 million people would risk seeing their homes inundated.
Similar(32)
Similar results are observed for the intermediate and severe severity scenarios and with the other 2-level estimator.
School closure increases this impact by 0.63-0.77%, which is smaller than for the less severe scenarios as the mitigation impact of school closure reduces the severity of the disease.
More severe scenarios, all other things being equal, generally translate into larger projected declines in banks' capital.
And in the most severe scenarios, tens of millions of people could be forced to migrate from the area.
Good risk management means planning for unlikely but severe scenarios, and this means that we must not ignore the prospect of the disorderly departure of some countries from the eurozone," said Bailey.
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