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Industrial Facilities
Earthquake and Tropical Cyclone Vulnerability Modeling
Global economic growth and the broadening role of multinationals have
created a class of high-value industrial facilities worth an estimated
$5 trillion worldwide, the majority of which is insured. The RMS®
Industrial Facilities Model incorporates the unique physical and
operational characteristics of these facilities in estimating
vulnerability to earthquakes and hurricanes.
Model Highlights
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Component-based vulnerability functions for 26 distinct types of
industrial occupancies including pharmaceutical plants, mining
operations, power transmission and distribution, semiconductor plants,
and petrochemical refineries |
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Choice of construction classes dependent on the predominant structure
types in each country |
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Separate vulnerability functions for structure and contents (machinery,
equipment, and stock) for each facility type and construction class |
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Region-specific vulnerabilities to account for differing construction
practices and code requirements |
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Calibration and validation based on event reconnaissance, site-specific
risk evaluations, and industrial facilities claims data |
Geographic Scope
Earthquake: Australia, Austria, Belgium Canada, the Caribbean, Chile,
China, Colombia, France, Germany, Greece,
Guam, Indonesia, Ireland, Italy, Japan, Luxembourg, Liechtenstein, Mexico, Monaco,
the Netherlands, New Zealand, Portugal,
Switzerland, Taiwan,
Turkey, the U.S., and the U.K.
Tropical Cyclone: Australia, the Caribbean, Guam, Japan, and the U.S.
Windstorm: Austria, Belgium, Denmark, France, Germany, Ireland,
Luxembourg, Netherlands, Norway, Sweden, Switzerland, and the U.K.
Exposure Data Resolution
Based on industry convention in the territory of interest, as reflected
in RMS earthquake and tropical cyclone models |
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