Australia, like many other Western countries, faces the threat of terrorist attacks on home soil. To help understand the financial impacts of explosive devices arising from potential terrorism-related events, Risk Frontiers has developed a deterministic model that combines detailed exposure modelling and bomb blast damage footprints calculated from over-pressure impulse loading of buildings.
The footprints are based upon physics and engineering considerations as well as experience gleaned from overseas attacks. This model was developed for use by the Australian Reinsurance Pool Corporation, an organisation within the Australian Government Treasury that provides reinsurance cover for insurers of commercial buildings after declared terrorist events.
Please contact us for further information on how Risk Frontiers can help with risk modelling of terrorism-related impacts.