Sensor-based warranty system for improving seismic performance of building structures

Ryu Miyamoto, Akira Mita

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This paper proposes a warranty system based on a seismic performance agreement, and investigates its feasibility. Specifically, we focus on making clear to building users the relationship between seismic force and seismic damage or loss, and propose a warranty agreement in which accountability of seismic loss is defined in terms of ground motion parameters obtained by a seismic sensor. This study uses the Japan Meteorological Agency seismic intensity scale (I-jma) because of its general acceptance and recognition. A portfolio of buildings in 10 suburbs of the Kanto region is chosen for seismic portfolio analysis. The following conclusions were derived: 1. For a portfolio of 10 base-isolated buildings, the builder's seismic expected loss was found to be approximately 0.01%. 2. In regards to feasibility of risk finance by seismic derivatives, this study found that it is possible to transfer most of builder's risk through a 0.01% premium rate. 3. Builder risk reduction was verified by use of a seismometer. 4. A new contract warranty agreement for seismic loss insurance for users was proposed, and it can reduce the premium to 1/15 of the current seismic insurance schemes.

Original languageEnglish
Title of host publicationProceedings of SPIE - The International Society for Optical Engineering
Volume6932
DOIs
Publication statusPublished - 2008
EventSensors and Smart Structures Technologies for Civil, Mechanical, and Aerospace Systems 2008 - San Diego, CA, United States
Duration: 2008 Mar 102008 Mar 13

Other

OtherSensors and Smart Structures Technologies for Civil, Mechanical, and Aerospace Systems 2008
CountryUnited States
CitySan Diego, CA
Period08/3/1008/3/13

Fingerprint

sensors
Sensors
Insurance
Seismographs
finance
seismographs
Finance
acceptability
Japan
damage
Derivatives

Keywords

  • Risk transfer
  • Seismic performance
  • Sensor-based system
  • Warranty system

ASJC Scopus subject areas

  • Electrical and Electronic Engineering
  • Condensed Matter Physics

Cite this

Miyamoto, R., & Mita, A. (2008). Sensor-based warranty system for improving seismic performance of building structures. In Proceedings of SPIE - The International Society for Optical Engineering (Vol. 6932). [69322B] https://doi.org/10.1117/12.775697

Sensor-based warranty system for improving seismic performance of building structures. / Miyamoto, Ryu; Mita, Akira.

Proceedings of SPIE - The International Society for Optical Engineering. Vol. 6932 2008. 69322B.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Miyamoto, R & Mita, A 2008, Sensor-based warranty system for improving seismic performance of building structures. in Proceedings of SPIE - The International Society for Optical Engineering. vol. 6932, 69322B, Sensors and Smart Structures Technologies for Civil, Mechanical, and Aerospace Systems 2008, San Diego, CA, United States, 08/3/10. https://doi.org/10.1117/12.775697
Miyamoto R, Mita A. Sensor-based warranty system for improving seismic performance of building structures. In Proceedings of SPIE - The International Society for Optical Engineering. Vol. 6932. 2008. 69322B https://doi.org/10.1117/12.775697
Miyamoto, Ryu ; Mita, Akira. / Sensor-based warranty system for improving seismic performance of building structures. Proceedings of SPIE - The International Society for Optical Engineering. Vol. 6932 2008.
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