Asset Risk Report | Kinetica Risk
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Asset Risk Report

Asset Name

Office Building

Hazards Exposed
EarthquakeFloodWind
Assessment Type

Asset Specific Assessment

Address

LeXXXX, XXXX CXXX XXXXX, QC

  • Quick Summary

    Asset Summary

    Building
    Property Damage
    Tenant Impact
    Safety Risk
    The largest hazard in terms of loss and disruption is Earthquake. It makes up of 80.7417% of the total annualized loss. Hence, effort that targetedly address Earthquake will yield the biggest benefit.

    Loss (%) by Hazard

    Average Annualized Loss (AAL)

    Earthquake $105353
    Flood $1400
    Wind $23728

    Loss (%) of Functional Recovery Time

    Average Annualized Func. Recovery Time

    Earthquake 1.77 days
    Flood 0.4 days
    Wind 1.59 days

    Expected Loss by Time Horizon

  • Catastrophic Risk

    Rare Events - 5 year horizon

    Rare Events - 50 year horizon

  • Risk Drivers

    From a direct loss perspective the biggest contributor to Earthquake is Total Loss, the biggest contributor to Flood is Interior_Partitions, the biggest contributor to Wind is Cladding_Glazing, respectively. Since total loss is a big contributor to one or more of the hazards exposed, overall structural collapse or other irreparable conditions can both lead to this outcome. Retrofiting structure can be costly, and it is recommended to examine the total loss category in more detail to devise effective mitigation solutions.

    Cost Drivers

    Select Hazard

    {HazardSelectedOption}

    Recovery Bottleneck

    Select Hazard

    {HazardSelectedOption}

  • Details of Property Damage & Functional Recovery

    Direct loss due to property damage

    Select Hazard

    {HazardSelectedOption}

    Scenario Mean Loss ($)
    Loss Exceedance Probability Curves

    Functional Recovery Time (days)

    Select Hazard

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    Scenario Mean Recovery Time (days)
    Functional Recovery Gantt Chart
    Select Intensity
    Select Percentile
  • Resilience Options

    Knowledge Enhancement

    5yr Plan

    Option Overall Value
    Increase resolution of assessment to minimize uncertainty for Earthquake Moderate
    Increase resolution of assessment to minimize uncertainty for Flood Moderate

    50yr Plan

    Option Overall Value
    Increase resolution of assessment to minimize uncertainty for Earthquake High

    Asset Hardening

    5yr Plan

    Option Overall Value
    Targetedly reduce vulnerability of Elevator in Earthquake Moderate
    Targetedly reduce vulnerability of Cladding/Glazing in Wind Moderate
    Targetedly reduce vulnerability of Interior Partition in Flood Moderate

    50yr Plan

    Option Overall Value
    Targetedly reduce vulnerability of Structural Collapse in Earthquake Moderate

    Operational Considerations

    5yr Plan

    Option Overall Value
    Address Backup Utility through contractual arrangement or increasing self capacity. Moderate

    50yr Plan

    Option Overall Value
    Address Engineering Service through contractual arrangement or increasing self capacity. Moderate
    Address Contractor Service through contractual arrangement or increasing self capacity. Moderate
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