Industrial Facilities

Earthquake and Hurricane Vulnerability Modeling

Today's global economy has created a wealth of high-value industrial facilities, an increasingly high proportion of which are located in regions at risk to earthquakes or hurricanes. The RMS® Industrial Facilities Model incorporates the unique physical and operational characteristics of industrial facilities in estimating facility vulnerability, and calculating the estimated financial risk from building, contents, and business interruption losses for a comprehensive set of facility types worldwide.

Model Highlights

	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
	Choice of construction classes dependent on the predominant structure types in each country
	Separate vulnerability functions for structure and contents (machinery, equipment, and stock) for each facility type and construction class
	Region-specific vulnerabilities to account for differing construction practices and code requirements
	Calibration and validation based on event reconnaissance, site-specific risk evaluations, and industrial facilities claims data

Geographic Scope

	Earthquake: Andorra, Argentina, Australia, Austria, Belgium, Belize, Bolivia, Brazil, Canada, the Caribbean, Chile, China, Colombia, Costa Rica, Ecuador, El Salvador, France, Germany, Greece, Guam, Guatemala, Honduras, Indonesia, Ireland, Italy, Japan, Liechtenstein, Luxembourg, Mexico, Monaco, the Netherlands, New Zealand, Nicaragua, Panama, Peru, Portugal, Spain, Switzerland, Taiwan, Turkey, the U.K., the U.S., Venezuela
	Hurricane: Australia, Austria, Belgium, the Caribbean, Denmark, France, Germany, Guam, Ireland, Japan, Luxembourg, Netherlands, Norway, Sweden, Switzerland, the U.K., the U.S.

Exposure Data Resolution

Based on industry convention in the territory of interest, as reflected in RMS earthquake and tropical cyclone models