Abstract
This paper considers the premium for earthquake insurance for residential houses in Japan. Since individual hazards and structural capacities of houses are not sufficiently taken into account for the premium rating, the premiums may be fairly high in comparison with the existing risk for several regions and for several structural types. In this paper, the earthquake insurance premium and the expected seismic loss from engineering diagnosis are compared based on the statistics obtained after the Hyogoken-Nambu earthquake in Japan in 1995 in order to clarify some inconsistencies in the current premium rating system. The results clearly show that there exists inhomogeneity for the premium-expected loss ratio over regions and over different category of houses
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