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RISK MANAGEMENT

CATASTROPHES, CLEVER EMPERORS AND INSURANCE COMPANIES – A TOUR THROUGH VIENNA'S HISTORY OF RISK MANAGEMENT

Today we admire the imperial splendor of Vienna. But what fundamental risks did Vienna face in the course of its 2000-year history? On our special tour, we encounter a wide variety of risks, look at effects and how the risks were dealt with in concrete terms.
We start at Schwedenplatz, directly at the Danube Canal. Flooding was an incalculable risk here for centuries. We continue in the Greek Quarter with economic risks. What actually happens when innovations make entire professions superfluous?
Can official documents be trusted? At St. Stephen's Cathedral, we are shocked to learn that even princes in the Middle Ages became forgers. The risk of lightning strikes was dealt with in a very curious way at the cathedral anyway. On the way to the Imperial Palace, we are confronted with an increasing risk of our time, climate change. What answer do cities like Vienna have? The Habsburgs' risk protection was quite simple, as we learn at the Hofburg: enough children! But does that also help against the great risks of a system change? Finally, we look at the history of insurance in Austria at Hoher Markt and admire the famous Anker clock. Is this all about marketing in the end?

Tour duration: 1.5 to 2 hours
Number of participants: Up to 25 people

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