HR: 15:30h
AN: U43C-08    [Abstracts]
TI: Uncertainties in Earthquake Loss Analysis: A Case Study From Southern California
AU: * Mahdyiar, M
U43C-08 AF: AIR Worldwide Corporation, 131 Dartmouth Street, Boston, MA 02038 United States
AU: Guin, J
U43C-08 AF: AIR Worldwide Corporation, 131 Dartmouth Street, Boston, MA 02038 United States
AB: Probabilistic earthquake hazard and loss analyses play important roles in many areas of risk management, including earthquake related public policy and insurance ratemaking. Rigorous loss estimation for portfolios of properties is difficult since there are various types of uncertainties in all aspects of modeling and analysis. It is the objective of this study to investigate the sensitivity of earthquake loss estimation to uncertainties in regional seismicity, earthquake source parameters, ground motions, and sites' spatial correlation on typical property portfolios in Southern California. Southern California is an attractive region for such a study because it has a large population concentration exposed to significant levels of seismic hazard. During the last decade, there have been several comprehensive studies of most regional faults and seismogenic sources. There have also been detailed studies on regional ground motion attenuations and regional and local site responses to ground motions. This information has been used by engineering seismologists to conduct regional seismic hazard and risk analysis on a routine basis. However, one of the more difficult tasks in such studies is the proper incorporation of uncertainties in the analysis. From the hazard side, there are uncertainties in the magnitudes, rates and mechanisms of the seismic sources and local site conditions and ground motion site amplifications. From the vulnerability side, there are considerable uncertainties in estimating the state of damage of buildings under different earthquake ground motions. From an analytical side, there are challenges in capturing the spatial correlation of ground motions and building damage, and integrating thousands of loss distribution curves with different degrees of correlation. In this paper we propose to address some of these issues by conducting loss analyses of a typical small portfolio in southern California, taking into consideration various source and ground motion uncertainties. The approach is designed to integrate loss distribution functions with different degrees of correlation for portfolio analysis. The analysis is based on USGS 2002 regional seismicity model.
DE: 7212 Earthquake ground motions and engineering seismology
DE: 7223 Earthquake interaction, forecasting, and prediction (1217, 1242)
DE: 7230 Seismicity and tectonics (1207, 1217, 1240, 1242)
SC: Union [U]
MN: Fall Meeting 2005