Loss Assessment Studies

We work with corporations, brokers, insurers and lenders understand their loss exposure from natural hazard and terrorist events. Typically this involves probable Maximum Loss (PML) and Estimated Maximum Loss (EML) studies. We tailor these to suit the requirements of the client and have completed manufacturing facilities, petrochemical facilities, retail complexes as well as some of the world’s landmark structures.

Typical study scopes comprise

Portfolio Studies – high-level desktop studies to estimate and profile the risk across the entire asset portfolio.

Facility Loss Assessment Studies – site specific studies that evaluate the facilities loss potential for a given hazard.

Business Impact Analysis – site specific studies that evaluate the assets/functions that pose the greatest loss potential, irrespective of initiating hazard.

Due Diligence Studies – high-level studies undertaken as part of acquisition, mergers.

See the following link for further information on our capabilities in this area: Read More

PMA | Loss Assessment Studies | Extreme Loads and Structual Risk Engineers

The below tables summarises a selection of the hazard considered within the studies, included natural hazards, e.g. earthquakes or floods, and man-made hazards, e.g. fire and terrorism.

Identify Risk	Quantify Risk	Manage Risk
Human Error	Business Interruption	Securitisation
Equipment / Prcoess Failure	Physical / Operational Loss	Emergency / Recovery Planning
Security/Terrorism	Environmental Damage	Capital Improvements
Fire / Explosion	Legal / Political Ramifications	Retrofit Design
Impact	Due Diligence	Staff Training & Development
Hazardous Materials	Financial Loss
Earthquake
Extreme Weather Events

Loss Assessment Studies

Typical study scopes comprise

See the following link for further information on our capabilities in this area: Read More

Blast Analysis & Design

Security & HVM Design

Quantitative Risk Assessment Studies

Seismic Analysis & Design

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