Seismic Risk Identification based on the Expected Annualized Losses

Abstract:     
A new method for seismic risk identification is proposed based on the average measure of the expected annualized losses from earthquake occurrence. We show can be identified the risk for insurance decisional purposes. The analysis is useful for insured as well as for insurance company. When risk is considered from time dynamic perspective we emphasize the advantage or diversification for earthquake risk mitigation.

Number of Pages in PDF File: 6

Keywords: earthquake, risk, EAL, investment

JEL Classification: Q54, L85, C02

Accepted Paper Series