Uncategorized
If it does it will happen again
Share this article:
ShareTweet ShareShare Email
After Cape Town was struck by earthquakes last weekend, a geophysicist warned that it could happen again.
If Cape Town was hit by a major seismic event, there would be significant damage to the city’s infrastructure and property, said Professor André Kejo, director of the Natural Hazards Center at the University of Pretoria.
Last weekend, an earthquake measuring 6.2 on the Richter scale was detected nearly 1,600 km offshore in Cape Town, followed by earthquakes of 2.5 and 2.9 magnitude even in the northern suburbs.
Kejo said: “It is doubtful that the epicenter is exactly the same as it happened previously, but the base of seismologists is very clear: if this happens, it will happen again.”
We don’t know when exactly, but we know the area. The easiest element that we can identify is where it will be. If we had a 6.3-magnitude earthquake in Cape Town, there would be massive damage. “
Kejo added that 90% of the seismic activity in South Africa is due to mining.
In 2014, Kijko co-authored a paper titled “A Scenario Approach to Estimating Maximum Projected Loss of Buildings Due to an Earthquake in Cape Town” which estimated that if the city was hit by a 6.96 magnitude earthquake, it is considered a “worst-case scenario”, there would be severe property damage .
The paper calculates this using two previous major earthquakes, a 6.3-magnitude earthquake in the Milnerton area in 1809, estimated to be the epicenter of the ancient Ascot Racecourse, and the 6.3-magnitude earthquake at Tulbagh and Ceres that killed 12 people in 1969.
In another estimate, damage from a 6.3-magnitude earthquake could result in damage to structures within a 50-kilometer radius from the epicenter which could cost the insurance industry up to 10 billion rand.
According to insurance expert Christelle Coleman, while insurance providers in South Africa were aware of the risks of earthquakes hitting the city, there were other factors to consider.
“If you have insurance with a South African insurance company, there is a 100% chance you will be covered from the damage.
“The big issue for us, and what we’re looking at, is urban sprawl in Milnerton, the Parklands area where they expect to be the epicenter of the earthquake.
“It is one thing to talk about insurance, but the majority of people who will be affected are those who do not have insurance,” Coleman said.
She added that the insurance industry could survive the billions of rand effects that Kijko envisioned.
“Every insurance company in South Africa has its own model and they determine their exposure according to the number of risks in a particular region, and then they will take those measurements to the reinsurance market.
The reinsurance companies will then re-insure the insurance company’s exposure on the basis of a disaster. “
On Monday, Cape Town said that in the event of an earthquake, the Council of Earth Sciences and the South African Weather Service will be the lead agencies.
“The city disaster coordination team will coordinate responses to potential impacts, including internal and external agencies including SAPS, SANDF, EMS Urban Search and Rescue, SPCA, etc.,” said Municipal Safety and Security Committee member JP Haddad.
“We believe our systems are ready in the event of a disaster,” said James Brent Stein, MEC spokesperson, Environment Affairs and Development Planning.
“We have over 160 highly trained people we can deploy if there is a situation.
“Over the past 10 years, we have sent teams to help earthquake-struck places like Haiti and Japan.”
Argus weekend
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
Picture Credit!
to request, modification Contact us at Here or [email protected]