Event Risk is rapidly becoming an area of great interest in mathematical finance. Two specific domains of event risk that have recently attracted high levels of academic and practitioner interest are credit risk and insurance risk. The increasing level of global linkages and the growing number of assets at risk has made large-scale event risk management an essential function of the financial markets.

Securities linked to credit risk are now being actively traded, in contrast to simply being warehoused. These securities are complex, and have resulted in an exponential growth in credit models, for pricing, portfolio construction, and risk management. Likewise, insurance risk, in particular, catastrophe modelling, is now a highly technical area, with very complex contracts being written on earthquake and weather risks, amongst others.

Event risk modelling in finance incorporates concepts and techniques from insurance, mathematics, physics, seismology, geography, and computer science, amongst other disciplines. This conference on event risk will comprise top-quality, state-of-the-art papers, both theoretical and empirical.

The putting on of a major public or corporate event has significant risks in the setting up, operation of the event to the shut down of the event.

Australian Risk Services can assist you in managing risks at all stages of an event by the systematic identification of risks and implementation of appropriate controls.

Australian Risk Services works with key stakeholders involved in event management and assists clients in identifying key processes and placing such information into a project managed format. We do not take over the running of events but facilitate the processes by ensuring that risks are identified and managed correctly.

We pride ourselves in being able to reduce risk to a level that is as low as reasonably achievable while maintaining our client's ultimate goal of a successful production.

We assist our clients by reviewing their safety requirements as well as other key project management issues such as:

1. Contract Risk
2. Technology Risk
3. Political & Regulatory Risk
4. Property Risk
5. Health & Safety Risk
6. Environmental Risk