Methodology

The underlying methodology is primarily based on the following A. Kijko's and M.A. Sellevoll papers published on www.seismodelling.com :

• Seismic Hazard Assessment for Specified Area by A. Kijko
• Estimation of the Maximum Earthquake Magnitude by A. Kijko
• Estimation of Earthquake Hazard Parameters from Incomplete Data Files. Part 1 - Utilization of Extremem and Complete Catalogs with Different Threshold Magnitudes by A. Kijko and M.A. Sellevoll
• Estimation of Earthquake Hazard Parameters from Incomplete Data Files. Part 1 - Incorporation of Magnitude Heterogeneity by A. Kijko and M.A. Sellevoll

To learn more about our methodology, please read the following white papers:

• A Methodology to estimate Insurance Losses from Earthquakes by Riaan Botes, Actuary, Xtreme Loss Solutions
  This document reviews the methodology implemented in the XLS software system to estimate
  insurance losses from earthquakes. The objective is to provide academics, regulatory bodies and risk carriers with a theoretical perspective on best the practice principles to model these losses.
• Calculation of Catastrophe Losses ceded to Reinsurance Contracts and Retained by Insurers by Riaan Botes, Actuary, Xtreme Loss Solutions
  This document reviews the reinsurance calculation formulas implemented in the XLS software system. The objective is to increase the transparency of the XLS software and to provide Users and Auditors with a reference to the formulas applied in reinsurance calculations.

Earthquake Simulation and
Loss Prediction Software:

Flexible & Adjustable;

Includes comprehensive research;

Extensive geographical mapping features;

Highly accurate;

Realistic simulations;

Easy-to-read accurate reports and charts;

Compatible with commonly used software;

Allows risk analysis and scenario testing.