ARM 55 - Chapter 5: Understanding Disaster Recovery Plans for Natural Disasters

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Created by:

EllaT  on January 12, 2011

Classes:

Associate in Risk Management ARM Insurance Designation, ARM54, ARM55, ARM56

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ARM 55 - Chapter 5: Understanding Disaster Recovery Plans for Natural Disasters

Disaster
In the context of disaster recovery, an event that is so significant it triggers implementation of an organization's disaster recovery plan
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Terms

Definitions

Disaster In the context of disaster recovery, an event that is so significant it triggers implementation of an organization's disaster recovery plan
Catastrophe model A type of computer program that estimates losses from future potential disasters
Wind chill index The cooling effect of wind speed in colder weather that can drastically reduce the stated temperature as indicated by a thermometer
Windstorm A storm with high winds or violent gusts of wind with little or no rain
Hurricane A severe, tropical, spiral-shaped storm with winds exceeding seventy-three mph
Richter scale A measurement scale that describes the earth's movement in units of magnitude, typically ranging from one to eight, but theoretically unlimited
Modified Mercalli Intensity Scale A twelve-level set of descriptions of an earthquake's effects at a specified location, near or far from the earthquake's epicenter
Box action design Earthquake-resistant construction, used in buildings under three stories tall, that integrates roof and floor diaphragms that can flex to transmit and distribute the forces an earthquake exerts on a structure
Frame action design Earthquake-resistant construction that relies on the resilience of steel or specially designed reinforced concrete to absorb energy while undergoing considerable distortion and retun to their original shapes
Sinkhole A cause of land subsidence that results when a subsurface geological structure gradually dissolves to a point where the cavity collapses
Collapse The sudden falling of a natural or artificial structure in response to the force of gravity

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