Taiwan Economy Journal (TEJ) and National Chengchi University College of Social Sciences (NCCU LiSSi) have recently announced a collaboration. Together we integrate TEJ data with NCCU’s expertise in remote sensing and disaster information to create a brand new solution — Physical Disaster Risk Loss Valuation. This solution aims to assist Taiwanese financial institutions in identifying physical risks associated with operational locations and investment portfolios. It provides risk predictions and loss assessments for both base and future periods, enhancing risk management efficiency and asset protection.
To address this challenge, TEJ and the team from NCCU LiSSi proposed a solution. Leveraging our expertise in financial management systems and geographic information processing, we precisely evaluate major risks such as flooding, drought, and landslides. We also enhance the map resolution to 5-20 meters, allowing precise mapping of risk conditions at specific locations. This solution aims to address the difficulties faced by financial institutions in assessing physical risks accurately, ultimately providing robust support for disaster risk loss assessments in the region.
Through ‘Physical Disaster Risk Loss Valuation’, financial institutions can conduct more accurate disaster loss assessments, significantly improving risk management efficiency and precision.
To better conduct climate change risk management, TEJ follows up with global trends, and provides a one stop solution for TECD risk assessment, risk analysis, and risk management.
