Czech

Abstract. Paper is focused on contemporary state of flood risk management in Czech Republic. Huge floods (occurred in 1997 and 2002) influenced the ap-proach of various institutions to flood risk dramatically. Those institutions are mainly: government, flood authorities, municipalities, insurance companies as well as natural bodies. Flood in 2002 is considered as the biggest natural disas-ter over the whole world in the mentioned year. Interesting statistic data about floods in 1997 and 2002 are introduced. Authors deal with following issues mainly: flood risk prevention, flood losses determination, flood losses minimi-zation and flood risk financial backing. Possibilities of flood losses ’ minimiza-tion and insurance specifics connected with flood risk are judged