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Risk Assessment, Modeling and Decision Support : Strategic Directions

The papers in this volume integrate results from current research efforts in earthquake engineering with research from the larger risk assessment community. The authors include risk and hazard researchers from the major U.S. hazard and earthquake centers and some from abroad as well as programmers and analysts from leading insurance and risk assessment firms. The introductory chapter provides an historical overview of the rise of risk assessment in the U.S., with particular emphasis on the role of seismic risk assessment. Four key components of risk assessment and decision support software are analyzed in detail in the remaining papers: treatment of uncertainty, loss assessment, modeling of seismic mitigation strategies, and visualization of risk and uncertainty. The volume lays out a road map for future developments in risk modeling and decision support and positions earthquake engineering research within the family of risk analysis tools and techniques.

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Advances in Assessment and Modeling of Earthquake Loss

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.

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