Verification of flood damage modelling using insurance data

Qianqian Zhou, Toke E. P. Petersen, Bo J. Thorsen, Karsten Arnbjerg-Nielsen

    Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

    Abstract

    This paper presents the results of an analysis using insurance data for damage description and risk model verification, based on data from a Danish case. The
    results show that simple, local statistics of rainfall are not able to describe the variation in individual cost per claim, but are, however, feasible for modelling the
    overall cost per day. The study also shows that combining the insurance and regional data it is possible to establish clear relationships between occurrences of
    claims and hazard maps. In particular, the results indicate that with improvements on data collection and analysis, improved prediction of damage information will be possible, e.g. based on also socioeconomic variables. Furthermore, the paper concludes that more collaboration between scientific research and insurance
    agencies is necessary to improve inundation modelling and economic assessments for urban drainage designs.
    Original languageEnglish
    Title of host publicationUrban Drainage Modelling : Proceedings of the Ninth International Conference on Urban Drainage Modelling, Belgrade, Serbia, 4-6 September 2012
    Number of pages9
    PublisherUniversity of Belgrade
    Publication date2012
    ISBN (Print)978-86-7518-156-9
    Publication statusPublished - 2012
    Event9th International Conference on Urban Drainage Modelling - Belgrade, Serbia
    Duration: 4 Sep 20126 Sep 2012
    http://hikom.grf.bg.ac.rs/9UDM/

    Conference

    Conference9th International Conference on Urban Drainage Modelling
    Country/TerritorySerbia
    CityBelgrade
    Period04/09/201206/09/2012
    Internet address

    Keywords

    • Drainage
    • Flood
    • Insurance
    • Modelling
    • Risk
    • Urban

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