
Asset Risk Report
ASTM E3429 Baseline - SSP585 2031-2060
Asset Name
Lumber Factory Building
Address
xxxx Crowsnest, Princeton, BC
Hazards Evaluated
ExtremeTempFloodWindFireEarthquake
Net Benefit Through Resilience
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- Quick Summary
Asset Summary
Hazard Summary
Loss (%) by Hazard
Average Annualized Loss (AAL)
ExtremeTemp $4665 CHRONIC Flood $726 ACUTE Wind $2291 ACUTE Fire $937 ACUTE Earthquake $683 ACUTE Loss (%) of Functional Recovery Time
Average Annualized Func. Recovery Time
ExtremeTemp 82.93 days CHRONIC Flood 1.86 days ACUTE Wind 5.93 days ACUTE Fire 2.42 days ACUTE Earthquake 1.82 days ACUTE Expected Loss by Time Horizon
- Catastrophic Risk
Rare Events - 5 year horizon
Rare Events - 30 year horizon
- Risk Drivers
From a direct loss perspective the biggest contributor to ExtremeTemp is B30-Roofing, the biggest contributor to Flood is Total Loss, the biggest contributor to Wind is Total Loss, the biggest contributor to Fire is Total Loss, the biggest contributor to Earthquake is Total Loss, respectively. In some rare, but catastrophic scenarios 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
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Recovery Bottleneck
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- Details of Property Damage & Functional Recovery
Detailed Acute Loss Metric Tables
Loss Metrics by Acute Hazard
Hazard PML (100-yr) PML (500-yr) AEP OEP TVaR-99% Flood $0.00M $0.17M $0.00M $0.00M $0.06M Wind $0.01M $0.01M $0.18M $0.18M $0.18M Fire $0.00M $0.18M $0.00M $0.00M $0.05M Earthquake $0.00M $0.15M $0.00M $0.00M $0.06M Functional Recovery Time (days)
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Functional Recovery Gantt Chart
- Resilience Options
Knowledge Enhancement
Asset Hardening
Operational Considerations
Resilience Measures
Resilience Action | Cost Est. | Benefit Est. | Net Saving | BCR |
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Total |