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: 2015-07-05
Authors : Mehmet Semih Yücemen; Çetin Yılmaz;
Page : 42-47
Keywords : seismic hazard; earthquake engineering; earthquake insurance; damage probability matrix; risk premium; insurance premium;
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.
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Last modified: 2015-09-13 23:25:29