spatialrisk (version 0.6.7)

concentration: Concentration risk

Description

The sum of all observations within a circle of a certain radius.

Usage

concentration(
  sub,
  full,
  value,
  lon_sub = lon,
  lat_sub = lat,
  lon_full = lon,
  lat_full = lat,
  radius = 200,
  display_progress = TRUE
)

Arguments

sub

data.frame of locations to calculate concentration risk for (target points). sub should include at least columns for longitude and latitude.

full

data.frame to find the locations within radius r from locations in sub (reference locations). full should include at least columns for longitude, latitude and value of interest to summarize.

value

column name with value of interest to summarize in full.

lon_sub

column name in sub with longitude (lon is default).

lat_sub

column name in sub with latitude (lat is default).

lon_full

column name in full with longitude in full (lon is default).

lat_full

column name in full with latitude in full (lat is default).

radius

radius (in meters) (default is 200m).

display_progress

show progress bar (TRUE/FALSE). Defaults to TRUE.

Value

A data.frame equal to data.frame sub including an extra column concentration.

Details

A recently European Commission regulation requires insurance companies to determine the maximum value of insured fire risk policies of all buildings that are partly or fully located within circle of a radius of 200m (Commission Delegated Regulation (EU), 2015, Article 132). The problem can be stated as: "find the centre coordinates of a circle with a fixed radius that maximizes the coverage of total fire risk insured". This can be viewed as a particular instance of the Maximal Covering Location Problem (MCLP) with fixed radius. The computational performance of concentration() is investigated to overcome the long times the MCLP algorithm is taking. concentration() is written in C++, and for 500,000 buildings it needs about five minutes to determine the value of insured fire risk policies that are partly or fully located within circle of a radius of 200m.

References

Commission Delegated Regulation (EU) (2015). Solvency II Delegated Act 2015/35. Official Journal of the European Union, 58:124.

Examples

# NOT RUN {
df <- data.frame(location = c("p1", "p2"), lon = c(6.561561, 6.561398), lat = c(53.21369, 53.21326))
concentration(df, Groningen, value = amount, radius = 100)

# }