Catastrophe risk modelling firm AIR Worldwide has updated its earthquake and typhoon models for Japan to help provide re/insurance companies with a more comprehensive view of risk in the region.
air-worldwide-logoAIR’s earthquake model captures the country’s seismicity by generating events along known crustal faults, along and within subduction zones, and within different regions and zones.
The updated model, informed by the Headquarters for Earthquake Research Promotion’s (HERP) most recent seismicity model but with modifications to the time-dependent rupture possibilities (TDRP) estimates for earthquakes on the Nankai Trough and some crustal faults to better reflect uncertainties in the HERP 2019 TDRP model and parameters.
