future resilience in emergency & asset management
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Future Resilience in Emergency & Asset Management. Date: 23/08/2012 Presented by: Anthony Genovese. What is Resilience?. Resilience is an outcome. The ability to anticipate risk & limit impact. The ability to recover from or adjust easily to misfortune or change - PowerPoint PPT PresentationTRANSCRIPT
Future Resilience in Emergency & Asset Management
Date: 23/08/2012 Presented by: Anthony Genovese
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What is Resilience?
• Resilience is an outcome.
• The ability to anticipate risk & limit impact.
• The ability to recover from or adjust easily to misfortune or change
• Shared responsibility.
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4 Phases of Emergency Management
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2011 Australian Catastrophes Catastrophe Date No of claims
lodgedTotal reserved value of claims
Queensland floods 21/12/10 58,685 $2.4bn
Victorian floods 13/01/11 7,983 $122m
Cyclone Yasi 02/02/11 73,250 $1.4bn
Victorian storms 04/02/11 50,063 $418m
Perth bushfires 05/02/11 410 $35m
Victorian Christmas Day storms
25/12/11 112,000 $703m
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Natural Disaster Relief & Recovery Arrangements (NDRRA)
• Commonwealth Funding Arrangement
• Amendments to NDRRA
• Independent Assessment
• Identify Insured vs Uninsured
• Road Assets
• Outcome
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LGA Asset Mutual FundWeather related losses
Year Event No of Claims Reserve value of claims
2009 Storm & TempestWater Damage
35 $226,634
2010 Storm & TempestWater Damage
63 $318,880
2011 FloodStorm & TempestWater Damage
87 $2,987,149
2012 Storm & TempestWater Damage
50 $516,140
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LGA Asset Mutual Fund - Solution
• General Assets - $5.5 bn.Buildings/Contents/Plant & Equipment
• Historically – Infrastructure Assets
• Bridges, weirs, - $300 mFootbridges Underground fibre optic Traffic signals & lighting
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LGRS - Other Risk Programs - Solution• Business Continuity Program
• Coastal Management Project
• Fire Danger Days/Extreme Heat Management
• Roads Project
• Climate Adaptation Program
• Regional Disaster Resilience Program
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In Summary
• LGA Asset Mutual Fund
• Infrastructure Assets
• LGAMLS Initiatives
• Risk Management Programs
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Working Together
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Planning
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We become more resilient
Thank you