Financial Management Of Earthquake Risk
Download Financial Management Of Earthquake Risk full books in PDF, epub, and Kindle. Read online free Financial Management Of Earthquake Risk ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
| Author | : S Tesfamariam |
| Publisher | : Elsevier |
| Total Pages | : 920 |
| Release | : 2013-04-30 |
| Genre | : Science |
| ISBN | : 0857098985 |
Earthquakes represent a major risk to buildings, bridges and other civil infrastructure systems, causing catastrophic loss to modern society. Handbook of seismic risk analysis and management of civil infrastructure systems reviews the state of the art in the seismic risk analysis and management of civil infrastructure systems.Part one reviews research in the quantification of uncertainties in ground motion and seismic hazard assessment. Part twi discusses methodologies in seismic risk analysis and management, whilst parts three and four cover the application of seismic risk assessment to buildings, bridges, pipelines and other civil infrastructure systems. Part five also discusses methods for quantifying dependency between different infrastructure systems. The final part of the book considers ways of assessing financial and other losses from earthquake damage as well as setting insurance rates.Handbook of seismic risk analysis and management of civil infrastructure systems is an invaluable guide for professionals requiring understanding of the impact of earthquakes on buildings and lifelines, and the seismic risk assessment and management of buildings, bridges and transportation. It also provides a comprehensive overview of seismic risk analysis for researchers and engineers within these fields. - This important handbook reviews the wealth of recent research in the area of seismic hazard analysis in modern earthquake design code provisions and practices - Examines research into the analysis of ground motion and seismic hazard assessment, seismic risk hazard methodologies - Addresses the assessment of seismic risks to buildings, bridges, water supply systems and other aspects of civil infrastructure
| Author | : Earthquake Engineering Research Institute |
| Publisher | : |
| Total Pages | : 132 |
| Release | : 2000 |
| Genre | : Business & Economics |
| ISBN | : |
This white paper provides an overview of the following: 1) how financial risk is managed in the residential, commercial, small business, lifelines and government sectors; 2) how risk can be reduced, transferred or avoided through the use of insurance, mortgages and capital market instruments; and 3) how earthquake engineering expertise fits into this process. The discussion should be useful for the following audiences: 1) engineering students and faculty in understanding different career options that use engineering knowledge; 2) practicing engineers in understanding how the information they provide to various clients is part of the larger process of financial risk management; and 3) financial managers in gaining a better understanding of how the financial and earthquake engineering communities are interrelated.
| Author | : Juan José Durante |
| Publisher | : Springer Nature |
| Total Pages | : 69 |
| Release | : 2020-08-11 |
| Genre | : Business & Economics |
| ISBN | : 3030437086 |
This book presents a technical approach to promoting the development of disaster and climate change risk financing and transfer strategies, and discusses several practical issues, chiefly focusing on Latin America and the Caribbean. Innovative risk financing and insurance mechanisms are vital for governments around the world, in order to provide financial protection and reduce the economic costs and social and developmental impacts of natural disasters and climate change. The book’s main content is complemented by a wealth of graphics, diagrams and tables that illustrate the concepts discussed and make the text accessible for practitioners and non-practitioners alike. The book offers proven, creative and innovative ideas on how to tackle risk financing and management for natural disasters and climate change. Strategic topics such as sovereign disaster risk financing, property catastrophe risk insurance, and agricultural insurance are also discussed.
| Author | : Eugene Gurenko |
| Publisher | : World Bank Publications |
| Total Pages | : 146 |
| Release | : 2006 |
| Genre | : Business & Economics |
| ISBN | : |
This publication, Earthquake insurance in Turkey, is an exposition of the dangers faced by Turkey as it is located in one of the most active earthquake (EQ) and volcanic regions in the world on the one hand, and, on the other hand, the efforts that Turkey is making to alleviate the social and fiscal disasters that are caused when these calamities do strike. The persistent potential for large-scale disasters has led to the establishment of the Turkish Catastrophe Insurance Pool (TCIP) in 1999. The main rationale for the creation of TCIP was a very low level of catastrophe insurance penetration among households. The authors stress that the four principal objectives of the program are to (1) provide earthquake insurance coverage at affordable but actuarially sound rates for all registered urban dwellings, (2) limit the government's financial exposure to natural disasters, (3) build long-term catastrophe reserves to finance future earthquake losses, and (4) encourage risk reduction and mitigation practices in residential construction. The book points out that the program has reduced significantly the government's fiscal exposure to EQ risk. In five years, the TCIP transformed itself from an unknown and controversial government-sponsored program to one of the most trusted brand names in the Turkish insurance industry. Moreover, it has led the World Bank to rethink the roles of ex-ante risk management relative to ex-post donor support. In this context, the World Bank supported Turkey's earthquake insurance program to establish and expand national catastrophic risk management and risk transfer capabilities. The authors conclude that the TCIP's success has brought it worldwide recognition. Inspired by the TCIP's example, more than a dozen countries, including China, Colombia, Greece, India, the Islamic Republic of Iran, Italy, the Philippines, Romania, and nine island states of the Caribbean have begun technical and legislative preparation of catastrophe insurance programs.
| Author | : Sinan Akkar |
| Publisher | : Springer Nature |
| Total Pages | : 315 |
| Release | : 2021-06-02 |
| Genre | : Science |
| ISBN | : 3030688135 |
This open access book originates from an international workshop organized by Turkish Natural Catastrophe Insurance Pool (TCIP) in November 2019 that gathered renown researchers from academia, representatives of leading international reinsurance and modeling companies as well as government agencies responsible of insurance pricing in Turkey. The book includes chapters related to post-earthquake damage assessment, the state-of-art and novel earthquake loss modeling, their implementation and implication in insurance pricing at national, regional and global levels, and the role of earthquake insurance in building resilient societies and fire following earthquakes. The rich context encompassed in the book makes it a valuable tool not only for professionals and researchers dealing with earthquake loss modeling but also for practitioners in the insurance and reinsurance industry.
| Author | : David J. Dowrick |
| Publisher | : John Wiley & Sons |
| Total Pages | : 520 |
| Release | : 2003-09-12 |
| Genre | : Technology & Engineering |
| ISBN | : 0470869348 |
Encompassing theory and field experience, this book covers all the main subject areas in earthquake risk reduction, ranging from geology, seismology, structural and soil dynamics to hazard and risk assessment, risk management and planning, engineering and the architectural design of new structures and equipment. Earthquake Risk Reduction outlines individual national weaknesses that contribute to earthquake risk to people and property; calculates the seismic response of soils and structures, using the structural continuum 'Subsoil - Substructure - Superstructure - Non-structure'; evaluates the effectiveness of given designs and construction procedures for reducing casualties and financial losses; provides guidance on the key issue of choice of structural form; presents earthquake resistant designs methods for the four main structural materials - steel, concrete, reinforced masonry and timber - as well as for services equipment, plant and non-structural architectural components; contains a chapter devoted to problems involved in improving (retrofitting) the existing built environment. Compiled from the author's extensive professional experience in earthquake engineering, this key text provides an excellent treatment of the complex multidisciplinary process of earthquake risk reduction. This book will prove an invaluable reference and guiding tool to practicing civil and structural engineers and architects, researchers and postgraduate students in seismology, local governments and risk management officials.
| Author | : Charlotte Benson |
| Publisher | : World Bank Publications |
| Total Pages | : 136 |
| Release | : 2004 |
| Genre | : Disaster relief |
| ISBN | : 9780821356852 |
| Author | : National Research Council |
| Publisher | : National Academies Press |
| Total Pages | : 197 |
| Release | : 2011-09-09 |
| Genre | : Science |
| ISBN | : 0309186773 |
The United States will certainly be subject to damaging earthquakes in the future. Some of these earthquakes will occur in highly populated and vulnerable areas. Coping with moderate earthquakes is not a reliable indicator of preparedness for a major earthquake in a populated area. The recent, disastrous, magnitude-9 earthquake that struck northern Japan demonstrates the threat that earthquakes pose. Moreover, the cascading nature of impacts-the earthquake causing a tsunami, cutting electrical power supplies, and stopping the pumps needed to cool nuclear reactors-demonstrates the potential complexity of an earthquake disaster. Such compound disasters can strike any earthquake-prone populated area. National Earthquake Resilience presents a roadmap for increasing our national resilience to earthquakes. The National Earthquake Hazards Reduction Program (NEHRP) is the multi-agency program mandated by Congress to undertake activities to reduce the effects of future earthquakes in the United States. The National Institute of Standards and Technology (NIST)-the lead NEHRP agency-commissioned the National Research Council (NRC) to develop a roadmap for earthquake hazard and risk reduction in the United States that would be based on the goals and objectives for achieving national earthquake resilience described in the 2008 NEHRP Strategic Plan. National Earthquake Resilience does this by assessing the activities and costs that would be required for the nation to achieve earthquake resilience in 20 years. National Earthquake Resilience interprets resilience broadly to incorporate engineering/science (physical), social/economic (behavioral), and institutional (governing) dimensions. Resilience encompasses both pre-disaster preparedness activities and post-disaster response. In combination, these will enhance the robustness of communities in all earthquake-vulnerable regions of our nation so that they can function adequately following damaging earthquakes. While National Earthquake Resilience is written primarily for the NEHRP, it also speaks to a broader audience of policy makers, earth scientists, and emergency managers.
| Author | : Federal Emergency Agency |
| Publisher | : FEMA |
| Total Pages | : 94 |
| Release | : 2013-01-27 |
| Genre | : |
| ISBN | : |
Earthquakes are a serious threat to safety in hotel and motel buildings and pose a significant potential liability to owners and operators. Hotel and motel buildings in 39 states are vulnerable to earthquake damage. Unsafe existing buildings expose hotel and motel building owners, operators, and guests to the following risks: Death and injury to guests, visitors, and staff; Damage to or collapse of buildings; Damage to and loss of furnishings, equipment, and other building contents; and Disruption of hospitality functions and building operations. The greatest earthquake risk is associated with existing hotel and motel buildings that were designed and constructed before the use of modern building codes. For many parts of the United States, this includes buildings built as recently as the early 1990s. Although vulnerable hotel and motel buildings should be replaced with safe, new construction or rehabilitated to correct deficiencies, for many building owners, new construction is limited, at times severely, by budgetary constraints, and seismic rehabilitation is expensive and disruptive. However, incremental seismic rehabilitation, an innovative approach that phases in a series of discrete rehabilitation actions over a period of several years, is an effective, affordable, and non-disruptive strategy for responsible mitigation action that can be integrated efficiently into ongoing facility maintenance and capital improvement operations to minimize cost and disruption. This manual and its companion documents are the products of a Federal Emergency Management Agency (FEMA) project to develop the concept of incremental seismic rehabilitation-that is, building modifications that reduce seismic risk by improving seismic performance and that are implemented over an extended period, often in conjunction with other repair, maintenance, or capital improvement activities. It provides operators of hotels and motels and their owners, be they Real Estate Investment Trusts (REITs), pension funds, partnerships, individuals, or other forms of ownership, with the information necessary to assess the seismic vulnerability of their buildings and to implement a program of incremental seismic rehabilitation for those buildings.
| Author | : |
| Publisher | : FEMA |
| Total Pages | : 90 |
| Release | : |
| Genre | : |
| ISBN | : |
