Asset Risk Report - CCIW Portfolio | Kinetica Risk

Asset Risk Report

Asset Name

Admin & Lab Building

Hazards Exposed

Earthquake Flood Wind

Assessment Type

Asset Specific Assessment

Address

867 Lakeshore Rd., Burlington, ON L7S 1A1

Quick Summary

Asset Summary

Property Damage
Tenant Impact
Safety Risk

Frequent risk is dominated by pluvial flood and flood plain damage while rare risk is dominated by earthquakes.

Loss (%) by Hazard

Average Annualized Loss (AAL)

Earthquake	$61,500
Flood	$25,300
Wind	$6,354

Loss Exceedance

Expected Loss by Time Horizon

Risk Drivers

Flood damages interior partitions and flooring, which can be mitigated by selective dry or wet flood proofing. Earthquake damages shelved contents and heavy electrical and mechanical equipment. Ensuring heavy contents are securely anchored is effective for reducing loss.

Cost Drivers

Earthquake

Flood

Wind

Recovery Bottleneck

Earthquake

Flood

Wind

Building Recovery

For both flood and earthquake, post-event mobilization of contractors for repairing damage is a major bottlenect to building recovery. Having an arrangement to expedite the deployment of contractors is one of the most effective measure for rapid recovery. For larger, but rarer events, utility services to the site can be disrupted, and having a robust emergency power supply can also improve resilience.