Articles | Volume 24, issue 8
https://doi.org/10.5194/nhess-24-2923-2024
https://doi.org/10.5194/nhess-24-2923-2024
Research article
 | 
30 Aug 2024
Research article |  | 30 Aug 2024

Exploring the use of seasonal forecasts to adapt flood insurance premiums

Viet Dung Nguyen, Jeroen Aerts, Max Tesselaar, Wouter Botzen, Heidi Kreibich, Lorenzo Alfieri, and Bruno Merz

Related authors

The ability of a stochastic regional weather generator to reproduce heavy precipitation events across scales
Xiaoxiang Guan, Dung Viet Nguyen, Paul Voit, Bruno Merz, Maik Heistermann, and Sergiy Vorogushyn
Nat. Hazards Earth Syst. Sci. Discuss., https://doi.org/10.5194/nhess-2024-143,https://doi.org/10.5194/nhess-2024-143, 2024
Preprint under review for NHESS
Short summary
Heavy-tailed flood peak distributions: What is the effect of the spatial variability of rainfall and runoff generation?
Elena Macdonald, Bruno Merz, Viet Dung Nguyen, and Sergiy Vorogushyn
Hydrol. Earth Syst. Sci. Discuss., https://doi.org/10.5194/hess-2024-181,https://doi.org/10.5194/hess-2024-181, 2024
Preprint under review for HESS
Short summary
Assessment of coastal inundation triggered by multiple drivers in Ca Mau Peninsula, Vietnam
Hung Nghia Nguyen, Quan Quan Le, Dung Viet Nguyen, Tan Hong Cao, Toan Quang To, Hai Do Dac, Melissa Wood, and Ivan D. Haigh
Nat. Hazards Earth Syst. Sci. Discuss., https://doi.org/10.5194/nhess-2024-107,https://doi.org/10.5194/nhess-2024-107, 2024
Preprint under review for NHESS
Short summary
It could have been much worse: spatial counterfactuals of the July 2021 flood in the Ahr valley, Germany
Sergiy Vorogushyn, Li Han, Heiko Apel, Viet Dung Nguyen, Björn Guse, Xiaoxiang Guan, Oldrich Rakovec, Husain Najafi, Luis Samaniego, and Bruno Merz
Nat. Hazards Earth Syst. Sci. Discuss., https://doi.org/10.5194/nhess-2024-97,https://doi.org/10.5194/nhess-2024-97, 2024
Preprint under review for NHESS
Short summary
What controls the tail behaviour of flood series: rainfall or runoff generation?
Elena Macdonald, Bruno Merz, Björn Guse, Viet Dung Nguyen, Xiaoxiang Guan, and Sergiy Vorogushyn
Hydrol. Earth Syst. Sci., 28, 833–850, https://doi.org/10.5194/hess-28-833-2024,https://doi.org/10.5194/hess-28-833-2024, 2024
Short summary

Related subject area

Hydrological Hazards
Precursors and pathways: dynamically informed extreme event forecasting demonstrated on the historic Emilia-Romagna 2023 flood
Joshua Dorrington, Marta Wenta, Federico Grazzini, Linus Magnusson, Frederic Vitart, and Christian M. Grams
Nat. Hazards Earth Syst. Sci., 24, 2995–3012, https://doi.org/10.5194/nhess-24-2995-2024,https://doi.org/10.5194/nhess-24-2995-2024, 2024
Short summary
Demonstrating the use of UNSEEN climate data for hydrological applications: case studies for extreme floods and droughts in England
Alison L. Kay, Nick Dunstone, Gillian Kay, Victoria A. Bell, and Jamie Hannaford
Nat. Hazards Earth Syst. Sci., 24, 2953–2970, https://doi.org/10.5194/nhess-24-2953-2024,https://doi.org/10.5194/nhess-24-2953-2024, 2024
Short summary
Are 2D shallow-water solvers fast enough for early flood warning? A comparative assessment on the 2021 Ahr valley flood event
Shahin Khosh Bin Ghomash, Heiko Apel, and Daniel Caviedes-Voullième
Nat. Hazards Earth Syst. Sci., 24, 2857–2874, https://doi.org/10.5194/nhess-24-2857-2024,https://doi.org/10.5194/nhess-24-2857-2024, 2024
Short summary
Water depth estimate and flood extent enhancement for satellite-based inundation maps
Andrea Betterle and Peter Salamon
Nat. Hazards Earth Syst. Sci., 24, 2817–2836, https://doi.org/10.5194/nhess-24-2817-2024,https://doi.org/10.5194/nhess-24-2817-2024, 2024
Short summary
Probabilistic flood inundation mapping through copula Bayesian multi-modeling of precipitation products
Francisco Javier Gomez, Keighobad Jafarzadegan, Hamed Moftakhari, and Hamid Moradkhani
Nat. Hazards Earth Syst. Sci., 24, 2647–2665, https://doi.org/10.5194/nhess-24-2647-2024,https://doi.org/10.5194/nhess-24-2647-2024, 2024
Short summary

Cited articles

Aguilar, C., Montanari, A., and Polo, M.-J.: Real-time updating of the flood frequency distribution through data assimilation, Hydrol. Earth Syst. Sci., 21, 3687–3700, https://doi.org/10.5194/hess-21-3687-2017, 2017. 
Alfieri, L., Salamon, P., Bianchi, A., Neal, J., Bates, P.: Advances in pan-European flood hazard mapping, Hydrol. Process., 28, 4067–4077, https://doi.org/10.1002/hyp.9947, 2014 (data available at: https://data.jrc.ec.europa.eu/dataset/1d128b6c-a4ee-4858-9e34-6210707f3c81, last access: 1 October 2020). 
Alfieri, L., Feyen, L., Dottori, F., and Bianchi, A.: Ensemble flood risk assessment in Europe under high end climate scenarios, Global Environ. Chang., 35, 199–212, https://doi.org/10.1016/j.gloenvcha.2015.09.004, 2015. 
Apel, H., Gouweleeuw, B., Gafurov, A., and Güntner, A.: Forecast of seasonal water availability in Central Asia with near-real time GRACE water storage anomalies, Environ. Res. Commun., 1, 031006, https://doi.org/10.1088/2515-7620/ab1681, 2019. 
Arnal, L., Cloke, H. L., Stephens, E., Wetterhall, F., Prudhomme, C., Neumann, J., Krzeminski, B., and Pappenberger, F.: Skilful seasonal forecasts of streamflow over Europe?, Hydrol. Earth Syst. Sci., 22, 2057–2072, https://doi.org/10.5194/hess-22-2057-2018, 2018. 
Download
Short summary
Our study explored how seasonal flood forecasts could enhance insurance premium accuracy. Insurers traditionally rely on historical data, yet climate fluctuations influence flood risk. We employed a method that predicts seasonal floods to adjust premiums accordingly. Our findings showed significant year-to-year variations in flood risk and premiums, underscoring the importance of adaptability. Despite limitations, this research aids insurers in preparing for evolving risks.
Altmetrics
Final-revised paper
Preprint