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QuakeAUS: Detailed Australian Earthquake Loss Model

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The risk of earthquakes in Australia is relatively low compared to other countries around the world. However, earthquakes can and do occur in Australia, and the frequency and impact of these events can vary.

On average, Australia experiences 100 earthquakes of magnitude 3 or more each year. Earthquakes above magnitude 5.0, such as the destructive 1989 Newcastle earthquake, occur on average every one-to-two years. About every ten years Australia experiences a potentially damaging earthquake of magnitude 6.0 or more.

The impact of an earthquake can vary depending on its magnitude, location, and depth. Earthquakes with magnitudes of less than 3.5 seldom cause damage. However, magnitude 4.0 earthquakes occasionally topple chimneys or result in other damage which could potentially cause injuries or fatalities.

The most destructive earthquake in Australian history was the 1989 Newcastle earthquake, which had a magnitude of 5.6. The earthquake caused widespread damage in Newcastle and the surrounding area, killing 13 people and injuring over 160.

QuakeAUS Model Overview

QuakeAUS is built on Risk Frontiers extensive knowledge and expertise in Australian seismic hazards. We participated in the development of Geoscience Australia’s 2018 National Seismic Hazard Model (NSHA18), which includes the Risk Frontiers earthquake source model. We use the ground motion predictions equations of Somerville et al. (2009) developed specifically for Australia.

QuakeAUS Features

Better Understanding of the Hazard

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Location Level Intelligence

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One Click Portfolio Roll-up

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Who can utilise QuakeAUS?

Insurers/ReInsurers

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Banks

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Governments

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QuakeAUS Technical Specifications???

Hazard Resolution

Variable resolution, down to 1.6km

Exposure Resolution

Location Address Level

Event Catalogue

50,000 years of stochastic earthquakes

Ground Shaking and Exposure Parameters

Location, full acceleration demand spectrum, soil type, building construction type, building age, building height.

Line of Business

Residential / Commercial / Industrial

Business Interruption

Commercial / Industrial

Coverage

All Properties on mainland Australia and Tasmania.
100% GNAF / Geoscope / Geovision

Learn More About QuakeAUS

Get the opportunity to speak with the team member who developed the model????????????????????????????????


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