Authors / CoAuthors
Dale, K. | Edwards, M.
Abstract
This brochure describes the work undertaken at Geoscience Australia (GA) to develop a blast loss estimation capability for the Australian Reinsurance Pool Corporation. This brochure was developed to accompany a GA record on the same subject. (<a href="http://dx.doi.org/10.11636/Record.2016.022">eCat #101902</a>) Geoscience Australia has developed a modelling capability to estimate the potential impact of terrorist blasts in Australian central business districts (CBDs). With this information, the Australian Government is now able to more reliably estimate insured loss on behalf of the Australian Reinsurance Pool Corporation (APRC). Insured loss is determined based on impact to buildings, contents and business interruption. This capability can now provide blast loss estimates to ARPC in a single business day for the Sydney, Melbourne, Adelaide and Brisbane CBDs. This capability is still in development for the Perth CBD and is expected to be operational by the end of 2016. This blast modelling capability allows ARPC to understand their financial exposure to a range of blast scenarios and assists them to ensure appropriate levels of reinsurance are held to respond to a terrorist incident. Should a terrorist incident occur, loss estimates can be continually reassessed as intelligence from the field is incorporated. Furthermore, the capability provides the ability to assess expected losses across CBDs through simulating many blast locations.
Product Type
document
eCat Id
101903
Contact for the resource
Point of contact
Cnr Jerrabomberra Ave and Hindmarsh Dr GPO Box 378
Canberra
ACT
2601
Australia
Resource provider
Point of contact
- Contact instructions
- Place and Communities
Keywords
- theme.ANZRC Fields of Research.rdf
-
- EARTH SCIENCESBUILT ENVIRONMENT AND DESIGNENGINEERING
- ( Product )
-
- blast
-
- terrorism
-
- loss estimation
-
- Published_External
Publication Date
2023-11-17T00:33:27
Creation Date
Security Constraints
Legal Constraints
Status
completed
Purpose
To publicise GA's capability in estimating insured losses due to terrorist blasts. The brochure was developed to accompany a GA record on the same subject.
Maintenance Information
asNeeded
Topic Category
geoscientificInformation
Series Information
Lineage
A short glossy brochure that describe work undertaken at Geoscience Australia (GA) to develop a blast loss estimation capability for the Australian Reinsurance Pool Corporation. The brochure was developed to accompany a GA record on the same subject. (<a href="http://dx.doi.org/10.11636/Record.2016.022">eCat #101902</a>)
Parent Information
Extents
[-54.75, -9.2402, 112.92, 159.11]
Reference System
Spatial Resolution
Service Information
Associations
Source Information