Abstract
China is one of the countries that suffer the severest earthquake in the world. Since Wenchuan earthquake in 2008, earthquake insurance has become a hotspot in China, both in the earthquake engineering field and security management field. Considering the importance of residential safety and national economy, earthquake insurance is of prior necessity. The development of earthquake insurance during the past five decades in China and other countries is summarized. Several issues related to earthquake insurance in China are discussed. The paper provides a short but comprehensive review of the earthquake risk model and denotes the crucial issues and the problems that engineer could confront, and proposed potential solutions to difficulties in the development of earthquake insurance in mainland China.
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