Research on Standardization Method of Risk Assessment for Fire Public Liability Insurance in Assembly Occupancies and Underwriting Auditing

Based on systematic analysis of fire risk assessment methods, it was pointed out that fire risk index method may be adopted as standardization method to fire risk assessment for life safety in assembly occupancies. Indicators system has been established including in 3 first class indicators, 9 secondary indicators and 30 third class indicators. The quantitative criteria for each indicator were put forward. Fire risk index method was applied to distinguish relative fire risk to life safety among different assembly occupancies and then determine the risk rank which may guide underwriting and fire public liability insurance ratemaking. The insurance premium for assembly occupancies with risk level of I, II, III, IV,V, were respectively up 20%, up 10%, unchanged, down 10%, down 20% relative to basic premium. Fire public liability insurance premium were associated with fire safety conditions of insurance sites, as will fully play the leverage of premium and mobilize insurant's initiative to reduce fire risk, aim to achieve the positive interaction between fire protection and insurance.