Ping An: Insurance and Tall Buildings
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1 Ping An: Insurance and Tall Buildings Wai Ming (Thomas) Tsang, CEO, Ping An Financial Centre Yongmin (Stephen) Yuan, General Manager Risk Management Department, Ping An Life Insurance Company of China
2 Table of Content 1. Ping An Financial Centre (PAFC) Project Overview 2. PAFC Construction Risk 3. Project Construction Insurance Program
3 1. Project Overview Hotel ~47F Office 1 11~31F Commercial B1~9F(North tower) 3F~7F(Corridor) 1F~7F(South Tower) South Tower North Tower Club 118F Sightseeing & Sky Lounge 115F&116F Office 1 11~111F Parking space North B3~B Lots South B2~B4 450 Lots
4 1.1 Project Location Futian District, Shenzhen with Convenient Transportation Accessibility
5 1.2 Project Technical Indices Project Technical Indices (North Tower) Total Site Area(m 2 ) Parking Space 1174 Total Floor Area(m 2 ) Building Base Area(m 2 ) Structural Form Hybrid Structure with Outrigger Floor Area above Ground(m 2 ) Underground Floor Area (m 2 ) Ratio of the Building to the Site (%) Fire-fighting Level One Floor 118 Level Design Service Life 50
6 1.2 Project Technical Indices Structural Form Project Technical Indices (South Tower) Total Site Area(m 2 ) Parking Space 450 Total Floor Area(m 2 ) Lower Part: Steel reinforced concrete frame - Core Tube Fire-fighting Upper Part: Steel Level reinforced concrete frame Shear Wall Level One Floor Area above Ground(m 2 ) Floor Area Underground(m 2 ) Floor Design Service Life 50
7 1.3 Renderings
8 The Atrium of the Podiums Commercial
9 Office Lobby on the First Floor
10 Standard Office Floor Area: m2
11 Rooftop Sightseeing Platform
12 Design Concept of Exterior Landscape
13 1.4 Tower Structural System Struc tural Form Foun datio n Form Mat Thick ness Grad e of Antiseis mic Tower Podium Basement Tower Podium Tower 4.5m Podium Tower Podium Basement Core Tube-Outrigger-Mega Frame Lateral Force Resisting System Frame - Shear Wall Frame - Shear Wall Ø5.7m/Ø8m Mega Digging Pile & Mat Foundation (30m deep) Hand Digging Pile & Mat Foundation 1m/1.5m Core Tube, Mega Column, Frame Beam Truss (Outrigger, Ring, Radial Truss) Frame Column, Shear Wall, Frame Beam Frame Column, Frame Beam, Shear Wall Special Level One Special Level One Level One (L1) B1(L1) B2(L2) B3/4/5(L3) Composite Mega Column Core Tube Outrigger Truss Corner Truss Belt Truss
14 1.4 Tower Structural System Core-Tube + Outrigger + Mega Frame
15 Spires and Mast Zone7 Perimeter Truss L114~115 Zone6 Perimeter Truss No.4 Outrigger (L97~99) Zone5 Perimeter Truss No.3 Outrigger (L81~83) Zone4 Perimeter Truss L65~67 Zone3 Perimeter Truss No.2 Outrigger (L49~51) Zone1 Perimeter Truss No.1 Outrigger (L25~27) Podium Perimeter Truss L10~11 Giant Diagonal Bracing Typical Truss Perimeter Typical Corner Truss Outrigger continuous inside the wall
16 2. PAFC Construction Risk
17 2.1 Foundation Construction Risk~Digging and concreting at 30m below the excavated dpeth
18 2.2 Construction of Main Strucuture Material Main Structure Quantities Concrete 284,000m 3 Rebar 63,000t Structural Steel 97000t Risk~Located in Shenzhen, disasters including flooding, typhoon,etc. Risk~Massive installation and construction working at height
19 2.3 Installation of Outrigger Spires and Mast Zone7 Perimeter Truss L114~115 Zone6 Perimeter Truss No.4 Outrigger (L97~99) Zone5 Perimeter Truss No.3 Outrigger (L81~83) Zone4 Perimeter Truss L65~67 Zone3 Perimeter Truss No.2 Outrigger (L49~51) Zone1 Perimeter Truss No.1 Outrigger (L25~27) Podium Perimeter Truss L10~11 Floor Weight (Tonnes) Structural Steel Installation (Days) Crown L L L L L L L Risk~Massive structural steel installation working at height
20 2.4 RC Construction Floor RC Construction (Averaged Days/Floor) L L L L L L L L L (fastest 2d/floor) L (fastest 2d/floor) L (fastest 2d/floor) Risk~Massive construction working at height, including concreting
21 2.5 Curtain Wall System Stone Stainless Steel Glass Modules Material Aluminium Curtain Wall nos. Quantities 3730t Glass 71,000m 2 Stainless steel 4970t 97,000m 2 (2mmthk) 17,000m 2 (0.8mmthk) Total 1688t Risk~All modules of curtain walls installed externally
22 Project Timeline(North Tower) level Concrete Structure Topped Out Steel Structure Topped Out Area, Rental Area and Curtain Wall Podium of the Tower Completed and Completed Archived The Project Completed Self-occupied
23 3. Project Construction Insurance Program
24 3.1 Typical Risks for a Construction Project Typhoon Windstorm Thunderstorm Flood, etc. Fire Injury Collapse, mechanical failure, etc. Natural Hazard Risk Accidental Risk Public Liability Risk 3rd party surroundings Underground utilities Pedestrian, etc.
25 3.2 Risk Assessment (1) Natural Hazard Risk Assessment with GIS System level 10 for the typhoon risk level 9 for the flood risk level 8 for the windstorm risk level 7 for the lightning strike risk
26 3.2 Risk Assessment (1) Natural Hazard Risk Assessment with GIS System 1. The Typhoon Risk Layer 2. The Flood Risk Layer 3. The Rainstorm Risk Layer 4. The Lightning Strike Risk Layer
27 3.2 Risk Assessment (2) Property & Casualty Risk Assessment Fire Risk Moderate Falling Objects High Deep Foundation Pit High Hoisting Operation High..
28 3.3 Tailor- Made Insurance Program Insurance Policy Policy Wording Two separated policies for pile foundation works and other construction works accordingly -- achieved 10% premium cost cut Compensation Limit Use CEAR wording to cover both civil construction and equipment erection phases -- Seamless coverage for the whole project period Extension Policy Wording Compensation limit increased to match the actual risk Much Higher than average level in China 41 extension clauses developed and applied Some excluded risks are covered
29 3.4 Risk Control Service from Insurance Company Ping An Real Estate Ping An P&C Insurance One Team, One Target, Joint Effort Safety Performance 1 No major claim; 2 No major injury;
30 3.4 Risk Control Service from Insurers 1. Fire safety survey and training by Ping An 2. Construction risk control training by Zurich 3. Falling object protection proposed by PingAn 4. Risk control survey by the Insurer Team
31 3.5 What We Have Learnt Full phase risk assessment with professional insight Tailored insurance risk control service A safe and smooth project
32
33 Telephone: Thanks
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