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Probabilistic assessment of earthquake insurance premium rates for the Gumusova-Gerede Motorway Section

Journal: Challenge Journal of Structural Mechanics (Vol.1, No. 2)

Publication Date:

Authors : ; ;

Page : 42-47

Keywords : seismic hazard; earthquake engineering; earthquake insurance; damage probability matrix; risk premium; insurance premium;

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Abstract

A probabilistic model is developed for the assessment of the earthquake insurance premium rates for the structures taking place in the Bolu Mountain Crossing in the Gumusova-Gerede Motorway Section. The model requires two types of studies, namely: seismic hazard analysis and estimation of potential damage to structures. The computations are carried out according to the proposed model by using the seismic hazard results obtained from the time-dependent renewal model and the best estimate damage probability matrices developed in the study.

Last modified: 2015-09-13 23:25:29