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Industrial Facilities
Earthquake and Hurricane Vulnerability Modeling
Today’s global economy has created a wealth of high-value industrial
facilities, an increasingly high proportion of which are located in
regions at risk to earthquakes or hurricanes. The RMS® Industrial
Facilities Model incorporates the unique physical and operational
characteristics of industrial facilities in estimating facility
vulnerability, and calculating the estimated financial risk from
building, contents, and business interruption losses for a comprehensive
set of facility types worldwide.
Model Highlights
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Component-based vulnerability functions for 26 distinct types of
industrial occupancies including pharmaceutical plants, mining
operations, power transmission and distribution, semiconductor plants,
and petrochemical refineries |
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Choice of construction classes dependent on the predominant structure
types in each country |
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Separate vulnerability functions for structure and contents (machinery,
equipment, and stock) for each facility type and construction class |
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Region-specific vulnerabilities to account for differing construction
practices and code requirements |
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Calibration and validation based on event reconnaissance, site-specific
risk evaluations, and industrial facilities claims data |
Geographic Scope
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Earthquake: Andorra, Argentina, Australia,
Austria, Belgium, Belize, Bolivia, Brazil, Canada, the Caribbean,
Chile,
China, Colombia, Costa Rica, Ecuador, El Salvador, France, Germany,
Greece, Guam, Guatemala, Honduras, Indonesia, Ireland, Italy, Japan,
Liechtenstein, Luxembourg, Mexico, Monaco, the Netherlands, New
Zealand, Nicaragua, Panama, Peru, Portugal, Spain, Switzerland,
Taiwan, Turkey, the U.K., the U.S., Venezuela |
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Hurricane: Australia, Austria, Belgium, the
Caribbean, Denmark, France, Germany, Guam, Ireland, Japan,
Luxembourg, Netherlands, Norway, Sweden, Switzerland, the U.K., the
U.S. |
Exposure Data Resolution
Based on industry convention in the territory of interest, as reflected
in RMS earthquake and tropical cyclone models |
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