Risk analysis may be defined as the problem of estimating the probabilities of rare events and the magnitudes of associated damages. The topic unifies the environmental sciences. This paper considers risk analyses for earthquakes, wildfires and floods. The computation of insurance premiums is used to motivate and unite the work.
"Three Environmental Probabilistic Risk Problems." Statist. Sci. 18 (4) 412 - 421, November 2003. https://doi.org/10.1214/ss/1081443225