Insurance giant Chubb has teamed up with Aon’s Impact Forecasting to create a terrorism risk model for use in dense urban environments. The model uses advanced fluid computational dynamics to simulate three of blast outcomes in thousands dimensional environments. It will be able to distinguish between facade and structural damage as well as evaluating the stability of buildings and the likelihood they will collapse. The simulations will test various uncertainties and evaluate them with anti-terrorism standards. The predicted damages modelled will reportedly lead to more accurate property and workers' compensation loss estimates.
Insurance giant Chubb has teamed up with Aon’s Impact Forecasting to create a terrorism risk model for use in dense urban environments. The model uses advanced fluid computational dynamics to simulate thousands of blast outcomes in three dimensional environments. It will be able to distinguish between facade and structural damage as well as evaluating the stability of buildings and the likelihood they will collapse. The simulations will test various uncertainties and evaluate them with anti-terrorism standards. The predicted damages modelled will reportedly lead to more accurate property and workers' compensation loss estimates.