Typhoon Vulnerability Analysis in South Korea Utilizing Damage Record of Typhoon Maemi
The purpose of this research is to identify the indicators of typhoon damage and develop a metric for typhoon vulnerability functions employing the losses associated with Typhoon Maemi. Typhoons cause significant financial damages worldwide every year. Federal and local governments, insurance compan...
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| Format: | Article |
| Language: | English |
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Wiley
2020-01-01
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| Series: | Advances in Civil Engineering |
| Online Access: | http://dx.doi.org/10.1155/2020/8885916 |
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| author | Ji-Myong Kim Kiyoung Son Sang-Guk Yum Sungjin Ahn |
| author_facet | Ji-Myong Kim Kiyoung Son Sang-Guk Yum Sungjin Ahn |
| author_sort | Ji-Myong Kim |
| collection | DOAJ |
| description | The purpose of this research is to identify the indicators of typhoon damage and develop a metric for typhoon vulnerability functions employing the losses associated with Typhoon Maemi. Typhoons cause significant financial damages worldwide every year. Federal and local governments, insurance companies, and construction companies strive to develop typhoon risk assessment models and use them to quantify the risks so that they can avoid, mitigate, or transfer the financial risks. Therefore, typhoon risk assessment modeling is becoming increasingly important, and in order to achieve a sophisticated evaluation, it is also important to reflect more specified and local vulnerabilities. Although several previous studies on economic loss associated with natural catastrophe have identified essential risk indicators, there has been a shortage of more specific research studies focusing on the correlation between vulnerability and economic loss caused by typhoons. In order to fill this gap, this study collected and analyzed the actual loss record of Typhoon Maemi collected and accumulated by a major insurance company in Korea. In order to create the vulnerability functions and to identify the natural hazard indicators and basic building information indicators, information from the insurance record was used in the analysis. The results and metric of this research provide a pragmatic approach that helps create vulnerability functions for abovementioned sectors and like estimating local vulnerabilities and predicting and coping with the possible damage and loss from typhoons. |
| format | Article |
| id | doaj-art-95a9987a68ad436ea137c4dbfa597efe |
| institution | Kabale University |
| issn | 1687-8086 1687-8094 |
| language | English |
| publishDate | 2020-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Advances in Civil Engineering |
| spelling | doaj-art-95a9987a68ad436ea137c4dbfa597efe2025-02-03T01:01:53ZengWileyAdvances in Civil Engineering1687-80861687-80942020-01-01202010.1155/2020/88859168885916Typhoon Vulnerability Analysis in South Korea Utilizing Damage Record of Typhoon MaemiJi-Myong Kim0Kiyoung Son1Sang-Guk Yum2Sungjin Ahn3Department of Architectural Engineering, Mokpo National University, 1666 Yeongsan-Ro, Cheonggye-myeon, Muan-gun, Jeonnam 58554, Republic of KoreaSchool of Architectural Engineering, University of Ulsan, 93 Daehak-Ro, Ulsan 44610, Republic of KoreaDepartment of Civil Engineering and Engineering Mechanics, Columbia University, 500 W. 120th Street #610, New York, NY 10027, USADepartment of Architectural Engineering, Mokpo National University, 1666 Yeongsan-Ro, Cheonggye-myeon, Muan-gun, Jeonnam 58554, Republic of KoreaThe purpose of this research is to identify the indicators of typhoon damage and develop a metric for typhoon vulnerability functions employing the losses associated with Typhoon Maemi. Typhoons cause significant financial damages worldwide every year. Federal and local governments, insurance companies, and construction companies strive to develop typhoon risk assessment models and use them to quantify the risks so that they can avoid, mitigate, or transfer the financial risks. Therefore, typhoon risk assessment modeling is becoming increasingly important, and in order to achieve a sophisticated evaluation, it is also important to reflect more specified and local vulnerabilities. Although several previous studies on economic loss associated with natural catastrophe have identified essential risk indicators, there has been a shortage of more specific research studies focusing on the correlation between vulnerability and economic loss caused by typhoons. In order to fill this gap, this study collected and analyzed the actual loss record of Typhoon Maemi collected and accumulated by a major insurance company in Korea. In order to create the vulnerability functions and to identify the natural hazard indicators and basic building information indicators, information from the insurance record was used in the analysis. The results and metric of this research provide a pragmatic approach that helps create vulnerability functions for abovementioned sectors and like estimating local vulnerabilities and predicting and coping with the possible damage and loss from typhoons.http://dx.doi.org/10.1155/2020/8885916 |
| spellingShingle | Ji-Myong Kim Kiyoung Son Sang-Guk Yum Sungjin Ahn Typhoon Vulnerability Analysis in South Korea Utilizing Damage Record of Typhoon Maemi Advances in Civil Engineering |
| title | Typhoon Vulnerability Analysis in South Korea Utilizing Damage Record of Typhoon Maemi |
| title_full | Typhoon Vulnerability Analysis in South Korea Utilizing Damage Record of Typhoon Maemi |
| title_fullStr | Typhoon Vulnerability Analysis in South Korea Utilizing Damage Record of Typhoon Maemi |
| title_full_unstemmed | Typhoon Vulnerability Analysis in South Korea Utilizing Damage Record of Typhoon Maemi |
| title_short | Typhoon Vulnerability Analysis in South Korea Utilizing Damage Record of Typhoon Maemi |
| title_sort | typhoon vulnerability analysis in south korea utilizing damage record of typhoon maemi |
| url | http://dx.doi.org/10.1155/2020/8885916 |
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