RMS Publishes Reports On Turkey and Taiwan Earthquakes; Coverage Incorporates Extensive Study of Post-Event Effects and Implications.News Editors & Financial Writers MENLO PARK Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif.--(BUSINESS WIRE)--Feb. 22, 2000 Risk Management Solutions (RMS (1) (Record Management Services) A file management system used in VAXs. (2) (Root Mean Square) A method used to measure electrical output in volts and watts. 1. RMS - Record Management Services. 2. ) today announced the publication of special reports covering two catastrophic events in 1999: the August 17 earthquake in Izmit, Turkey and the September 21 earthquake in Chi-Chi, Taiwan. The reports offer in-depth analysis of the affected regions, geologic effects, causes of structural damages, business interruption losses, insured and economic loss estimates, and issues for recovery and reconstruction. Since presenting its preliminary findings from reconnaissance surveys last fall, RMS has been closely tracking post-event activities and impacts. The reports highlight key lessons for the insurance and risk management community worldwide. For example, the interaction between the August 17 earthquake in Izmit, Turkey and the November 12 earthquake in nearby Duzce suggests that different, and perhaps more severe scenarios may need to be considered for other regions with complex faulting systems, such as the San Andreas San Andreas is an Anglicisation of the Spanish language San Andrés (Saint Andrew, the Apostle). It may refer to:
While the Turkey and Taiwan earthquakes generated catastrophic levels of damage and life loss, both can be regarded as a near misses. The major population centers of Taipei and Istanbul, each with over 10 million residents, are located in zones of high seismic risk Seismic risk takes the results of seismic hazard analysis, and calculates the 'follies of man'. Your safety depends on what you build. You can locate in a region of high seismic hazard, but still sleep fairly soundly at night if you have built to sound engineering principles. . Dr. Fouad Bendimerad, general secretary of the Earthquakes and Megacities Initiative and Managing Director of RMS, commented on the implications of these events. "These earthquakes demonstrate the urgency for megacities in catastrophe-prone areas to put in place disaster preparedness and mediation plans." The 16-page reports contain full-color graphics and photographs supplementing RMS' findings, and are available for purchase online at www.riskinc.com. Risk Management Solutions (www.riskinc.com) is the world's leading provider of products and services for the quantification and management of property catastrophe, natural hazard, and complex business risks. Its clients include leading insurers, reinsurers, industrial corporations, governments, and financial institutions. Founded at Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. in 1988, RMS employs over 500 people worldwide. RMS is owned by DMG (Disk iMaGe) The file format used in the Macintosh for distributing Mac software. Mac install packages appear as a virtual disk drive on the Mac as if you had inserted a CD or floppy disk. Information, a division of the Daily Mail and General Trust Daily Mail and General Trust plc (DMGT) is one of the UK's largest media companies and has interests in national and regional newspapers, television and radio. While the majority of the company's activities are based in the UK, it does have worldwide operations. plc media enterprise. |
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