Condensed summary

The Risk Prediction Initiative (RPI) has been working with companies active in the catastrophe reinsurance market since 1994. The goal of the RPI is to support scientific research on topics of interest to its sponsors and to provide connections between the scientific and business communities, mainly through science-business workshops on a variety of topics. The major topics of RPI-funded research include paleotempestology, the relationship between tropical cyclone activity and climate, improvement of best-track data, and European storms. A workshop sponsored by the RPI in Bermuda in October 2005 catalyzed the compilation of this volume. This chapter provides an overview of RPI's history, its efforts at making science on natural hazard risk available and understandable to its sponsors, and suggestions for similar endeavors.

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