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A more rigorous approach to assessing catastrophe risk for industrial facilities

Paolo Bazzurro

Air Currents

Sayı: 5, 2010

Last year, the release of the Air Earthquake Model for the U.S. featured a radically new, component-based approach to modeling the vulnerability of complex industrial facilities. This year, those capabilities have been extended to hurricane risk. The upcoming version 12.0 release of the Air U.S. Hurricane Model will feature the capability to assess potential property and business interruption losses to industrial facilities from wind or storm surge. In this article, Air Principal Engineer and director of Engineering Analysis and Research Dr. Paolo Bazzurro describes how Air has approached the challenging task of modeling the vulnerability of facilities that may be comprised of dozens if not hundreds of widely different and often interconnected components.

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