000018919 001__ 18919
000018919 005__ 20170118182247.0
000018919 04107 $$aeng
000018919 046__ $$k2017-01-09
000018919 100__ $$aMosso, Marcelo
000018919 24500 $$aImpact of Seismic Risk on the Financial Reserves Required for An Insured Portfolio

000018919 24630 $$n16.$$pProceedings of the 16th World Conference on Earthquake Engineering
000018919 260__ $$b
000018919 506__ $$arestricted
000018919 520__ $$2eng$$aChile has been regularly affected by destructive earthquakes. Some of these earthquakes have resulted in great economic losses, in addition to the loss of human life and social disruption. The insurance industry has participated as an important player in the financial recovery of losses incurred by its policyholders. It is then consequent that from the 1985 Chile earthquake, the insurance companies operating in Chile have seen their exposed portfolios regularly increasing. The 2010 Maule earthquake caused USD 30 billion of estimated losses in the country; USD 7.5 billion came from claims paid by the insurers. The insurance industry in Chile traditionally sets the financial reserves according to static formulas based in part by past experience and procures reinsurance coverage for their portfolios, analyzing computational results obtained by riskbased software models using available technologies developed in foreign countries and by foreign experts and “adapted” to Chile. The Association of Insurers of Chile has begun the development of its own model to calculate the probable maximum losses of portfolios insured in Chile, which is presented herein with preliminary results obtained by the model as applied to an actual insured portfolio exposed to the 2010 Maule earthquake.

000018919 540__ $$aText je chráněný podle autorského zákona č. 121/2000 Sb.
000018919 653__ $$aFinancial assessment of earthquake risk; Earthquake catastrophic risk; Probable Maximum Loss; Chile.

000018919 7112_ $$a16th World Conference on Earthquake Engineering$$cSantiago (CL)$$d2017-01-09 / 2017-01-13$$gWCEE16
000018919 720__ $$aMosso, Marcelo$$iClaude, Jorge$$iMedina, Francisco$$iMosso, Marcelo
000018919 8560_ $$ffischerc@itam.cas.cz
000018919 8564_ $$s897214$$uhttps://invenio.itam.cas.cz/record/18919/files/2483.pdf$$yOriginal version of the author's contribution as presented on USB, paper 2483.
000018919 962__ $$r16048
000018919 980__ $$aPAPER