2006), A probabilistic modeling system for assessing flood risks, Nat

Abstract. In order to be economically viable, flood disaster mitigation should be based on a comprehensive assessment of the flood risk. This requires the estimation of the flood hazard (i.e. runoff and associated probability) and the consequences of flooding (i.e. property damage, damage to persons, etc.). Within the ‘‘German Research Network Natural Disasters’ ’ project, the working group on ‘‘Flood Risk Analysis’ ’ investigated the complete flood disaster chain from the triggering event down to its various consequences. The working group developed complex, spatially distributed models representing the relevant meteorological, hydrological, hydraulic, geo-technical, and socio-economic processes. In order to assess flood risk these complex deterministic models were complemented by a simple probabilistic model. The latter model consists of modules each representing one process of the flood disaster chain. Each module is a simple parameterisation of the corresponding more complex model. This ensures that the two approaches (simple probabilistic and complex deterministic) are compatible at all steps of the flood disaster chain. The simple stochastic approach allows a large number of simulation runs in a Monte Carlo framework thus providing the basis for a probabilistic risk assessment. Using the proposed model, the flood risk including an estimation of the floo