Project: Volcanic-Ash Risk Transfer in Aviation
| Acronym | VOLARISK (Reference Number: 113308) |
| Duration | 01/10/2019 - 02/10/2021 |
| Project Topic | VOLARISK is a project that aims to provide a global, high-resolution probabilistic view of the volcanic ash (VA) risk that may affect the aviation industry. Our product will be consistent with the catastrophe-modelling framework used in disaster-risk management. It will (1) assess the VA risk for assets, such as flight trajectories, aircraft engines, airports; and (2) offer index-based structuring products, that would transfer the VA risk from the aviation industry to the risk-takers. |
| Network | Eurostars 2 |
| Call | Eurostars Cut–off 11 |
Project partner
| Number | Name | Role | Country |
|---|---|---|---|
| 1 | Global Parametrics Holding Company Limited | Partner | United Kingdom |
| 2 | Mitiga Solutions | Coordinator | Spain |