The ASTM E2557-07 Standard Practice for Probable Maximum Loss (PML) Evaluations for Earthquake Due Diligence Assessments is one of the standards used for assessing the risk of a building for damageability and losses during an earthquake. The ASTM E2557-07 Standard emphasizes evaluation of financial risk from earthquake damage to buildings.
ASTM E2557-07 was updated in June 2016. The latest standard (ASTM E2557-16a) can be found here.