St. John’s University’s School Of Risk Management Welcomes MIT Professor Kerry Emanuel To Manhattan Campus

December 15, 2006

New York, N.Y. -

Lecture Series Focuses on Global Warming and its Effects on Hurricanes

St. John’s University’s School of Risk Management, Insurance and Actuarial Science (SRM) welcomed Massachusetts Institute of Technology’s Kerry A. Emanuel, Ph.D., Professor of Atmospheric Science, who served as keynote speaker for the Fall William J. Parkinson Lecture held on December 13 at the University’s Manhattan Campus.

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Emanuel, chosen as one of Time Magazine’s “100 People Who Shape Our World” presented a lecture entitled “Is Global Warming Affecting Hurricanes?” He has written the widely acclaimed book, Divine Wind: The History and Science of Hurricanes. The book was named one of the Top 20 science books of 2005 by Discover Magazine.

The lecture took place in the Saval Auditorium at University’s Manhattan Campus attended by more than 100 faculty members, administrators, students and a large contingent from the School of Risk Management’s (SRM) Board of Overseers to St. John’s University. The School of Risk Management is part of The Peter J. Tobin College of Business at St. John’s University. Mr. and Mrs. Peter J. Tobin were also in attendance for the thought-provoking keynote address.

Hemant H. Shah, President & CEO of Risk Management Solutions, Inc. (RMS), and a member of the Board of Overseers, introduced Dr. Emanuel. RMS is the world's leading provider of products and services for the quantification and management of catastrophe risks. Following the lecture, a question and answer session was moderated by Robert P. Hartwig, Ph.D., CPCU, Executive Vice President & Chief Economist of the Insurance Information Institute.

Emanuel gave a formal presentation of his findings and research but warned not to be swayed solely by “statistical data alone” when discussing Global Warming subject matter, stating that there are “too many other variables to consider” in forming an educated opinion. A more detailed assessment complete with articles and support-materials can be found by visiting Emanuel’s web site at: http://wind.mit.edu/~emanuel/home.html.

He also was quick to praise the insurance community for embracing this important topic from the very beginning as a partner to inform and educate the public.

“The insurance industry has been at the forefront of the Global Warming issue extending support to fund valuable research and testing,” noted Emanuel.

A private reception for Dr. Emanuel was hosted in the Kathryn and Shelby Cullom Davis Library immediately following the lecture. The Library Collection, established more than 106 years ago, is also located at the Manhattan Campus and comprises the world’s largest collection of risk and insurance literature, policies, and related documents, and serves students of risk management and insurance around the world as a center for study and research.

The event, co-sponsored by SRM and the Kathryn and Shelby Cullom Davis Library, was supported by the William J. Parkinson Distinguished Lecture Fund. The fund was established at The College of Insurance in memory and recognition of William J. Parkinson and his contributions to the insurance industry and to Johnson & Higgins, the insurance brokerage, merged with Marsh & McLennan Companies (MMC) in 1997.

The School of Risk Management was founded in 1901 as the Insurance Society of New York and over the years evolved into The College of Insurance (TCI). In June 2001, TCI merged with St. John’s University, becoming a school of The Peter J. Tobin College of Business. Located in New York City’s downtown financial district, SRM awards undergraduate, M.B.A. and M.S. degrees in insurance, risk management and actuarial science disciplines.  Through its Center for Professional Education, SRM also provides education, training and consulting services to the industry, governments and regulators worldwide.

All press representatives are directed to call Dominic Scianna, Director of Media Relations at St. John’s University by calling (718) 990-6185 or e-mail inquiries to sciannad@stjohns.edu.