Asset Risk Report
Asset Name
Txxxx Centre
Hazards Exposed
Earthquake
Flood
Wind
Fire
Assessment Type
Asset Specific Assessment
Address
xxx xxxx Rd, ON, Canada
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Quick Summary
Asset Summary
Property Damage Tenant Impact Safety Risk The building physical risk is dominated by extreme wind and earthquake, while flood risk is minor despite being close to the river due to site elevation. Direct burn damage by wildfire is also highly unlikely at this site, although smoke can cause significant disruption to the operation of the facility.Loss (%) by Hazard
Average Annualized Loss (AAL)
Earthquake $386,744 Flood $1,686 Wind $77,200 Fire $1,862 Loss (%) of Functional Recovery Time
Average Annualized Func. Recovery Time
Earthquake 1.344 days Flood 1.166 days Wind 8.34 days Fire 0.01 days Expected Loss by Time Horizon
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Risk Drivers
The most significant component classes that contribute to loss are earthquake induced partition and mechanical element damage. These categories make up almost 70% of the direct losses. Other significant contributors include tenant contents, and elevator damaged by shaking. These components can be targets for cost-effective hardening. The most significant contribution to downtime on the other hand is wind-induced disruption due to envelope element damage causing falling hazards and the resulting mobilization time for repair.
Cost Drivers
Earthquake
Recovery Bottleneck
Earthquake
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Details of Property Damage & Functional Recovery
Direct loss due to property damage
Earthquake
Scenario Mean Loss ($)
Loss Exceedance Probability Curves
Functional Recovery Time (days)
Earthquake
Scenario Mean Recovery Time (days)
Functional Recovery Gantt Chart
