Earthquake risk assessment information for tourism industry

Abstract

In this study we provide a practical mechanism for earthquake disaster risk assessment and management in the tourism industry, especially focusing on insurance and prevention. The primary methodology is to integrate the information sciences, earth sciences, civil engineering and insurance with the concepts of disaster risk management. There are four primary components within this system: stochastic event generator, hazard analysis procedure, vulnerability analysis procedure, financial analysis procedure. Based on the analysis results of the above generator and procedures, the model can produce annual exceeding probability curve, average annual loss, and probable maximum loss, which are very useful information for earthquake risk control strategy and management. Several scenario data are taken into consideration with the characteristics and sources of earthquake-related damage.