Research Articles | Challenge Journal of Structural Mechanics

Probabilistic assessment of earthquake insurance premium rates for the Gumusova-Gerede Motorway Section

Mehmet Semih Yücemen, Çetin Yılmaz


DOI: https://doi.org/10.20528/cjsmec.2015.06.012

Abstract


A probabilistic model is developed for the assessment of the earthquake insurance premium rates for the structures taking place in the Bolu Mountain Crossing in the Gumusova-Gerede Motorway Section. The model requires two types of studies, namely: seismic hazard analysis and estimation of potential damage to structures. The computations are carried out according to the proposed model by using the seismic hazard results obtained from the time-dependent renewal model and the best estimate damage probability matrices developed in the study.


Keywords


seismic hazard; earthquake engineering; earthquake insurance; damage probability matrix; risk premium; insurance premium

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References


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http://dx.doi.org/10.1007/978-94-009-0273-2_1


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