Advances in Assessment and Modeling of Earthquake Loss

This open-access book discusses post-earthquake damage assessment, earthquake loss modeling, their implementation, and their role in insurance pricing, with a focus on building resilient societies and fire following earthquakes. It is a valuable tool for professionals and researchers in the insurance and reinsurance industry.

Format: Hardback
Length: 308 pages
Publication date: 03 June 2021
Publisher: Springer Nature Switzerland AG

This open-access book is the result of an international workshop organized by the Turkish Natural Catastrophe Insurance Pool (TCIP) in November 2019. The workshop brought together renowned researchers from academia, representatives of leading international reinsurance and modeling companies, as well as government agencies responsible for insurance pricing in Turkey. The book encompasses various chapters related to post-earthquake damage assessment, state-of-the-art and novel earthquake loss modeling techniques, their implementation and implications in insurance pricing at national, regional, and global levels. Additionally, it explores the role of earthquake insurance in building resilient societies and mitigating the impact of fires following earthquakes.

The rich context presented in the book makes it a valuable resource for professionals and researchers involved in earthquake loss modeling, as well as practitioners in the insurance and reinsurance industry. The workshop aimed to foster collaboration and knowledge exchange between experts in the field, promoting the development of innovative approaches to earthquake risk management and insurance.

The book is organized into five chapters, each covering a distinct aspect of earthquake loss modeling. The first chapter provides an overview of the current state-of-art in earthquake loss modeling, including the development of new models and methodologies. The second chapter focuses on the implementation of earthquake loss modeling techniques in insurance pricing, considering the challenges and opportunities that arise. The third chapter explores the role of earthquake insurance in building resilient societies and mitigating the social and economic impacts of earthquakes. The fourth chapter examines the impact of earthquake loss modeling on disaster risk reduction and resilience building. The fifth chapter discusses the future trends and developments in earthquake loss modeling and their potential implications for the insurance industry.

The book features contributions from leading experts in the field of earthquake loss modeling, including researchers from academia, reinsurance companies, and government agencies. The chapters are written in a clear and concise manner, making them accessible to a wide range of readers, including professionals, researchers, and students.

Overall, this open-access book serves as a valuable resource for anyone interested in earthquake loss modeling, disaster risk reduction, and resilience building. It provides a comprehensive overview of the current state-of-art in the field, highlights the key challenges and opportunities, and offers insights into the role of earthquake insurance in building resilient societies.

Weight: 643g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030688127
Edition number: 1st ed. 2021