News & Outreach
May 2017 | New Members
The General Assembly elected four new members.
Prof. David Bresch, Professor for Weather and Climate Risks. He focuses on the impacts of weather and climate on socio-economic systems. His research aims to explore ways to strengthen resilience based on understanding weather and climate susceptibility and to adequately treat uncertainty in decision-making.
Prof. Patrick Cheridito, Professor of Mathematics and Director of RiskLab Switzerland.
Prof. Melanie Zeilinger, SNSF Professor at the Department of Mechanical and Process Engineering where she is leading the Intelligent Control Systems group at the Institute for Dynamic Systems and Control.
Prof. Rico Zenklusen, Assistant Professor, Institute for Operations Research at the Department of Mathematics. He is interested in mathematical optimization techniques and their applications in various contexts, including operations research, large-scale optimization, online optimization, data analytics, and machine learning.
Prof. Hans Jürgen Herrmann decided to step down. The Center now counts 19 members.
April 2017 | Call for Abstracts
The first International Conference on Infrastructure Resilience, organised by the Future Resilient Systems (FRS) programme in Singapore in collaboration with the ETH Risk Center, will take place in Zurich during 14-16 February 2018!
The call for abstracts and proposals for tutorial sessions is now open. We invite scientists, policy makers, and infrastructure professionals to share your latest knowledge on infrastructure resilience through the International Conference on Infrastructure Resilience 2018. We invite authors to submit their abstracts of original research on the suggested topics below. In about 300 words, the abstract should include:
More Information here
March 2017 | Workshop on "Extreme Value Theory"
On March 24, Prof. Marie Kratz gave a workshop on Extreme Value Theory to about 150 participants ranging from banking, insurance, regulators and academia. The workshop closed with a panel discussion.
Please find slides here
March 2017 | Guests at the Center
Prof. Marie Kratz, ESSEC Business School Paris, and Prof. Matthew Jackson, Standford Universtiy visited the Risk Center in March. Prof. Kratz gave a workshop on "Extreme Value Theory and Its Applications to Insurance and Banking" on March 24 (more). Prof. Jackson gave a talk at the Risk Center Seminar Series on 21 March (more).
January 2017 | Risk Center Reporting 2016 Available Now
This short report summarizes the activities such as new research projects, events, visiting scientists and other changes of the Center in 2016. Please find the document here. (PDF, 3.5 MB)
January 2017 | 5th Dialogue Event
This year's event focused on «Decision-Making in Complex Environments: From Humans to Machines». Full programme here (PDF, 1.7 MB).
December 2016 | New Member
The General Assembly elected Prof. Dr. Martin Larsson to become its 16th member of the Risk Center. Martin Larsson is an Assistant Professor of Mathematical Finance at ETH Zürich. His research interests are probability theory, stochastic processes, and applications in mathematical finance and financial engineering.
November 2016 | Workshop on "Digital Risks"
Risk Center Member Prof. Frank Schweitzer and Dr. David Garcia teamed up with Zurich Insurance Company for a Workshop on "Mastering the Challenges of our Digital Society". The Workshop was held at the Zurich Development Center. Find programme, slides, and impressions here.
November 2016 | Special Session with Prof. Markus Brunnermeier, Princeton University
Prof. Markus Brunnermeier, Edwards S. Sanford Professor of Economics, Princeton University, USA gave a talk in the Risk Center Seminar Series on "The Reversal Interest Rate: The Effective Lower Bound for Monetary Policy". Slides and Audiostream here.
October 2016 | Guest at the Center
Prof. Dr. Michel Bruneau, Chair of Structural and Environmental Engineering, University of Buffalo, NY visited the Risk Center for two weeks in October. He gave a talk in the Risk Center Seminar Series and at the IBK Seminar at D-BAUG.
September 2016 | New PhD Project
A Risk Center PhD Project by Prof. David Basin and Prof. Hans Gersbach investigates "Co-voting Democracy - Benefits and Cyber-risks".
September 2016 | Workshop on "Modeling of Extreme Events" at ETH
On September 2, 2016 the ETH Risk Center held a Workshop on modeling of extreme events. Speakers across the insurance industry, ranging from reinsurers to regulaters, as well as government authorities dealing with extreme natural events gave insights into the challenges of modeling events and vulnerabilities. Dr. Robert Glasser, United Nations, gave the keynote address. Slides and Impressions here
September 2016 | Advisory Board with two New Members
On September 1, 2016 the Advisory Board welcomed two new members. Dr Robert Glasser, Special Representative of UN-SG, UNISDR Genava and Prof. Dr. Tso-Chien Pan, Executive Director, Institute of Catastrophe Risk Management at NUS, Singapore joined the board meeting. Kurt Meyer, CRO of Swissgrid was elected to be the Chairman of the Board.
July 2016 | Four New Seed Projects
Seed Project 1
A Risk Center Seed Project by Prof. Hans Jürgen Herrmann and Prof. Didier Sornette investigates "Controlling Percolation in Complex Networked Systems by Strategic Interventions".
Seed Project 2
A Risk Center Seed Project by Prof. David Basin and Prof. Hans Gersbach investigates "Assessment Voting - Benefits and Risks".
Seed Project 3
A Risk Center Seed Project by Prof. Bruno Sudret and Prof. Paul Embrechts investigates "Copulas for Big Data Analysis in Engineering Sciences".
Seed Project 4
A Risk Center Seed Project by Prof. Frank Schweitzer and Prof. David Basin investigates "Systemic Risks for Privacy in Online Interaction".
May 2016 | New Member
The General Assembly elected Prof. Dr. Stefan Wiemer to become its 15th member of the Risk Center. Stefan Wiemer is professor of seismology and heads the Swiss Seismological Service (SED). The SED at ETH Zurich is the federal agency responsible for monitoring earthquakes and assessing the seismic hazard of Switzerland.
May 2016 | Two Members Decided to Step Down
Active membership is crucial, therefore, two founding members of the Risk Center decided to step down due to time constraint. We thank Prof. Kay Axhausen and Prof. Dirk Helbing for their contribution.
Chief Risk Officer Series | April 2016
Thomas C. Wilson, Chief Risk Officer at Allianz, gave a talk in the Risk Center Seminar Series.
Audiostream and Slides here
4th Dialogue Event | January 2016
This year´s event was in view of «Engineered System Risk». In the Risk Center Session, Prof. Bruno Sudret and Prof. Ulrich Alois Weidmann talked about uncertainty quantification in engineering and the extended rail performance through collaborative subsystems. This was followed by a «Singapore Session», in which Prof. Hans Rudolf Heinimann, Programme Director of the Future Resilient Systems Project at the Singapore ETH Center gave insights into the running programme. Prof. Loon Ching Tang from National University Singapore presented a constructive framework for systems resilience looking at the supply chain systems of Singapore´s worldwide logistic hub. Risk Center Professor Giovanni Sansavini led the focus session on «Engineered System Risk: Zoom on the Energy Infrastructure». Prof. Reza Abhari from ETH Zurich gave insights on the electricity transmission infrastructure, market performance, and the impact of policy followed by a talk of Bernd Nordieker, Head of System Operations at Swissgrid, on the challenges for energy transmission with a focus on the transition from “old” to “new” energy from a Swiss grid operator´s perspective.
November 2015 | Seminar Series Talk by Joachim Oechslin, CRO of Credit Suisse
Joachim Oechslin, CRO of Credit Suisse gave a talk at the Risk Center Seminar Series on November 10, 2015 at ETH Zurich. More than 150 people listened to the key topics in risk management at Credit Suisse. This talk provided insights into these areas and was especially addressed to ETH Students. A networking aperitif followed and provided an opportunity to get in touch with Mr. Oechslin and other Credit Suisse officials, including Credit Suisse Campus Recruiting.
October 2015 | Seminar Series Talk by Nassim Taleb
Prof. Nassim Taleb gave a talk at the Risk Center Seminar Series on October 27, 2015 at ETH Zurich. More than 550 people listened to his ideas of fragility. Please find below a slideshow of the event.
September 2015 | ESREL Conference
The ESREL Conference took place at the ETH Main Building. The Risk Center acted as a co-organizer of this big conference. Risk Center Professors Paul Embrechts and Didier Sornette gave a keynote. In addition Risk Center Guest Nassim Taleb gave also a keynote at this great conference. Read more
July 2015 | Two New Seed Projects
Seed Project 1
A Risk Center Seed Project by Prof. Antoine Bommier and Prof. Bruno Sudret investigates "Uncertainty Quantification in Economics With an Application to Optimal Currency Areas".
Seed Project 2
A Risk Center Seed Project by Prof. Bozidar Stojadinovic and Prof. Paul Embrechts investigates "Managing the Risk of Business Interruption from Natural Hazards".
May 2015 | New Member
The General Assembly elected Prof. Dr. Ulrich Alois Weidmann to become its 17th member of the Risk Center. Prof. Weidmann holds the Chair of Traffic Planning and Transport Systems. He works on the mobility demand that is efficient, safe and environmentally friendly. Especially public transportation systems are expected to play a vital role in this. Consequently, its design and operation are challenging tasks.
February 2015 | Two New Seed Projects
Seed Project 1
A Risk Center Seed Project by Prof. Frank Schweitzer and Prof. Ryan Murphy investigates "Performance and Resilience of Collaboration Networks".
Seed Project 2
A Risk Center Seed Project by Prof. Hans Gersbach and Prof. Hans Rudolf Heinimann investigates "Resilient Democracy: Insuring Societies Against Macroeconomic Shocks and Excessive Public Debt Accumulation".
1.1.2015 | New ETH Grant PhD Project
A project by Prof. Antoine Bommier and Prof. Paul Embrechts investigates "The Risk-Sharing under Joint Longevity and Interest-Rate Risk".
December 2014 | New Member
The General Assembly elected Prof. Dr. Bruno Sudret to become its 16th member of the Risk Center. Prof. Sudret holds the Chair of Risk, Safety and Uncertainty Quantification. He works on probabilistics methods for uncertainty quantification in complex engineering and natural systems. He develops advanced algorithms at the boundary between statisitics and machine learning to assess the reliability and the optimal robust design of such systems.