Meetings February-March 2011

A series of Meetings on Testing & Evaluation, Macroseismic Intensity, Financial Modelling and OpenQuake Review have been held from 28 February - 2 March. The meetings were kindly hosted by Willis, and took place in the Willis Building in London. 

For the programme and to download the presentations that were held during the various sessions, please see below. For brief summaries of the meeting, you can download the following PDFs:

Andrew King (GNS), who has been heavily involved in research and other activities in Christchurch from September, gave an impressive presentation about the situation in the NZ city heavily impacted, especially by the February 2011 aftershock. Download his presentation.

Testing & Evaluation Meeting

Session 1: Introduction to Testing & Evaluation

Session 2: Testing the GEM hazard model – seismicity rate (Reporter: David Jackson)

Session 3: Testing the GEM hazard model - seismicity rate and ground motion (Reporter: Marco Pagani)

Session 4: Testing the GEM risk model (Reporter: Helen Crowley)

Session 5: Discussion and development of a draft testing plan


OpenQuake Development Review Meeting


Introduction

OpenQuake Hazard and Risk Capabilities

OpenQuake Development

Macroseismic Intensity Meeting

Please note that there are no slides for the last 3 sessions; as these were discussions that led to the decisions summarised in the summary document (see above).

Introduction

Use and Need for Macroseismic Intensity in GEM

Macroseismic Intensity Prediction and Conversion Equations

Further Discussion of Macroseismic Intensity Issues

  • Need/prospects for internationally agreed instrumental intensity scale (Robin Spence)
  • Comparison standards for intensity measures in different regions (Ezio Faccioli)

Existing Projects and Databases

  • Leveraging existing projects/activities (including Global Earthquake History consortium)
  • Global macroseismic databases

Strategy for Macroseismic Intensity Related Activities in GEM

Financial Modelling Meeting

State-of-the-art methods

Approaches undertaken by the Private Sector (Reporter: Leonardo Garrido)

  1. Modelling approaches undertaken by insurers, reinsurers, brokers and analysts in the financial market, and description of financial instruments employed
  2. Identification of modelling gaps (areas where there is room for improvement in financial modelling).

Possible areas of interest:

  • Limitations imposed by data availability
  • Linking hazard, risk and socio-economic variables
  • Estimating “direct” and “indirect” losses
  • Feedback, interdependency of risk and socio-economic attributes
  • Forecasting and dynamic estimation of losses
  • Methodological approaches


Organizing financial modelling under OpenQuake
(Reporter: Leonardo Garrido)
Roundtable discussion:

  • Identifying deliverables and defining a work strategy
  • Identifying resources needed, including collaboration and contributions from Private Sponsors (based on strengths and experience)
  • Prioritisation and scheduling (including June targets)

Stochastic CBA of retrofitting structures, insurance pooling mechanisms and transfer and retention of structures for governments and insurance / re-insurance (Reporter: Leonardo Garrido)

For some photos of the meeting, follow this link.

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