making better reinsurance decisions… measuring seismic risk in turkey: latest modelling techniques...

20
ing better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited all rights reserve

Upload: osborne-hart

Post on 27-Dec-2015

215 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Measuring seismic risk in Turkey: Latest modelling techniques

Karl Jones

June 3, 2003

©Copyright 2003 Willis Limited all rights reserved.

Page 2: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

The Turkish Catastrophe Management System (TCMS)

• Developed under the Turkish Emergency Flood and Earthquake Recovery Programme (TEFER)

• Produced earthquake and flood risk modeling for the whole of Turkey at ilçe (district) resolution

• Implemented as Turkish Catastrophe Management System (TCMS)

icMap Earthquake generator

Page 3: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

52 staff from 14 organisations, including the leading experts on Turkish earthquake risk

• Prof. Aydinoglu, Prof. Erdik & co. Kandilli Observatory and Earthquake Research Institute, Bogazici University

• Prof. Barka and Prof. Ansal, Istanbul Technical University

• Prof. Gülkan and Asst. Prof. Selçuk, Middle Eastern Technical University

• General Directorate of Disaster Affairs

• State Institute of Statistics

• Dr Julian Bommer & co., Imperial College

• Dr Spence & co., Cambridge Architectural Research Ltd

• Dr Acar, Zemcka Ltd

• Assoc. Prof. Ulusay, Hacettepe University

• Imagins-TED, Istanbul

• Oracle Corporation Limited

Page 4: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Transparent design process subject to academic and peer review

• Design workshop

• Technical design documents and review

• Research and data collection

• Model and systems development

• Testing and review

• Technical report and model implementation

• Expert review

• Academic paper for Journal of Seismology - peer reviewed

Seismic source zone map

Page 5: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Synthetic earthquake catalogue

Over 1,000 earthquake events with magnitude > 5.5

Page 6: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

TCMS uses the latest earthquake modelling developments

• Spectral displacement (HAZUS)

• Non-linear soil amplification

• Explicit use of earthquake duration

• Projected plane earthquake triggers

• 14 Turkish residential building types with fragility curves based on Turkish data

Source: CAR

Page 7: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Projected plane earthquake triggers

Fault rupture plane

Dip angle

Surface rupture

Strike angle

N

Plan viewUsing projected

plane sourcePoint source Line source

Projected plane source

Ground surface

Hypocentre (focus)

Epicentre

Page 8: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

For 14 residential building types in 900 geocodes, a unique spectral displacement value was calculated

Demand Curve v Capacity Curve for building type A

0.0

0.2

0.4

0.6

0.8

1.0

1.2

1.4

1.6

0.00 0.10 0.20 0.30 0.40 0.50 0.60

Spectral Displacement Sd (metres)

Sp

ec

tra

l A

cc

ele

rati

on

Sa

(g

)

Demand Curve

Capacity Curve

ICMPTM

Hazard database

magnitude, Mduration, D

distance, d

geocode, x

Earthquake generator

Page 9: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Source: CAR

FRAGILITY CURVES, Low-rise RC Poor/ TC1LP

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

0.0 0.2 0.4 0.6 0.8

Spectral Displacement /m

Slight

Moderate

Extensive

Complete

Percentage ofreconstructioncost

Fragility curves based on Turkish data:Low-rise RC poor seismic design

Page 10: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Fragility curves based on Turkish data: Mid-rise RC buildings

TC1MP Poor seismic design

TC1MG Good seismic design

TC1MRF Retrofitted

Source: CAR

Fragility curves: mid-rise RC buildings, TC1M

0

10

20

30

40

50

60

70

80

90

100

0 0.2 0.4 0.6 0.8

Sd (m)%

Reb

uild

ing

cost

TC1MP

TC1MG

TC1MRF

Page 11: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Buildings database - the ‘portfolio’

• Model that represents Turkish building stock

• Analysis at district and sub-district

• State Institute of Statistics

• Buildings data, census data

• Linked to 14 building types in model

“Earthquakes don’t kill people, buildings do”

Page 12: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Turkey Catastrophe Management System (TCMS)

• A market-leading risk assessment system for Turkey

• Coverage: countrywide, modelled at district level

• Assessing the effect of earthquakes for entire country

User-defined hypothetical earthquake scenario generated using icMapTM earthquake generator

Re-runs of historical events

Event based probabilistic loss estimation using the synthetic earthquake catalogue

• Use of Graphical User Interface (GUI) for visualisation

• Mapping functionality

• Embedded with ICMPTM- Willis’ proprietary loss calculation engine

Page 13: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Input - Hazard intensities

Earthquake generator

Page 14: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Input - Portfolio data

Data contains:

•Geocode

•Policy count

•Sum insured

•Building type

Mapping portfolio data using icMapTM

Page 15: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Output - Loss by geocode

Page 16: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Output - Loss exceedance curve

Page 17: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Major earthquake events in the Sea of Marmara region since 1500 according to Parsons et al. (2000)

Page 18: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Magnitudes of major historical earthquakesin the Sea of Marmara

Parsons et al. (2000)Mw Mw Ms

1509 September 10 7.6 7.2 7.2

1556 May 10 6.5-7.0 7.2

1719 May 25 7.6 7.4 7.4

1737 March 6 - 7.0

1754 September 2 7.0 6.8 6.8

1766 May 22 7.2 7.0 7.1

1766 August 5 7.6 7.3 7.4

1850 April 19 6.0-7.0 - 6.1*

1855 February 28 7.0-7.5 7.0 7.1

1855 April 11 6.5-7.0 - 6.3

1857 September 17 6.5-7.0 - 5.4*

1863 November 6 6.4-7.0 - 4.9*

1877 October 13 6.0-7.0 - 5.5*

1894 July 10 7.0 7.2 7.3

Ambraseys & Jackson (2000)Earthquake

Page 19: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Magnitudes of major historical earthquakesin the Sea of Marmara

Parsons et al. (2000)Mw Mw Ms

1509 September 10 7.6 7.2 7.2

1556 May 10 6.5-7.0 7.2

1719 May 25 7.6 7.4 7.4

1737 March 6 - 7.0

1754 September 2 7.0 6.8 6.8

1766 May 22 7.2 7.0 7.1

1766 August 5 7.6 7.3 7.4

1850 April 19 6.0-7.0 - 6.1*

1855 February 28 7.0-7.5 7.0 7.1

1855 April 11 6.5-7.0 - 6.3

1857 September 17 6.5-7.0 - 5.4*

1863 November 6 6.4-7.0 - 4.9*

1877 October 13 6.0-7.0 - 5.5*

1894 July 10 7.0 7.2 7.3

Ambraseys & Jackson (2000)Earthquake

Page 20: Making better reinsurance decisions… Measuring seismic risk in Turkey: Latest modelling techniques Karl Jones June 3, 2003 ©Copyright 2003 Willis Limited

Making better reinsurance decisions…

Reduced risk in Marmara sea?