[go: up one dir, main page]
More Web Proxy on the site http://driver.im/ Skip to main content

Advertisement

Springer Nature Link
Log in

An integrated flood risk assessment model for property insurance industry in Taiwan

  • Original Paper
  • Published:
Natural Hazards Aims and scope Submit manuscript

Abstract

Taiwan is located in an area affected by Northwest Pacific typhoons, which are also one of the most important sources of rainfall to the island. Unfortunately, the abundant rainfall brought by typhoons frequently produces hazards. In recent years, typhoons and floods have caused serious damage, especially Typhoon Morakot in 2009. In this study, a probabilistic model is developed based on historical events which can be used to assess flood risk in Taiwan. There are 4 separate modules in this model, including a rainfall event module, a hydraulic module, a vulnerability module, and a financial loss module. Local data obtained from the Taiwan government are used to construct this model. Historical rainfall data for typhoon and flood events that have occurred since 1960, obtained from the Central Weather Bureau, are used for computing the maximum daily rainfall for each basin. In addition, the latest flood maps from the Water Resources Agency are collected to assess the probable inundation depth. A case study using the local data is carried out. Assessment is made to predict possible economic loss from different financial perspectives such as the total loss, insured loss, and loss exceeding probabilities. The assessment results can be used as a reference for making effective flood risk management strategies in Taiwan.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Log in via an institution

Subscribe and save

Springer+ Basic
£29.99 /Month
  • Get 10 units per month
  • Download Article/Chapter or eBook
  • 1 Unit = 1 Article or 1 Chapter
  • Cancel anytime
Subscribe now

Buy Now

Price includes VAT (United Kingdom)

Instant access to the full article PDF.

Institutional subscriptions

Fig. 1
Fig. 2
Fig. 3
Fig. 4
Fig. 5
Fig. 6
Fig. 7
Fig. 8
Fig. 9
Fig. 10
Fig. 11
Fig. 12
Fig. 13

Similar content being viewed by others

References

  • Chang LF, Su MD (2001) Flood damage estimation for residential area. Thesis for Master of Science, Graduate Institute of Agricultural Engineering, National Taiwan University

  • Esteban M, Webersik C, Shibayama T (2009) Effect of a global warming-induced increase in typhoon intensity on urban productivity in Taiwan. Sustain Sci 4(2):151–163

    Article  Google Scholar 

  • Ge XY, Li T, Zhang SJ, Peng M (2010) What causes the extremely heavy rainfall in Taiwan during Typhoon Morakot (2009)? Atmospheric Sci Lett 11(1):46–50

    Google Scholar 

  • Hsu WK, Hung DM, Chiang WL, Tseng CP, Tsai CH (2006) Catastrophe risk modeling and application-risk assessment for Taiwan residential earthquake insurance pool. The 17th IASTED international conference on modelling and simulation, pp 338–342

  • Kang JL, Su MD (2005) Regional flood risk assessment and uncertainty analysis. Thesis for PhD, Graduate Institute of Bioenvironmental Systems Engineering, National Taiwan University

  • Lai LH (2010) Risk estimate of rice damaged due to flood. Nonlinear Anal Real World Appl 11(3):1243–1248

    Article  Google Scholar 

  • Lin SY, Shaw DG, Ho MC (2007) Why are flood and landslide victims less willing to take mitigation measures than the public? Nat Hazards 44(2):305–314

    Article  Google Scholar 

  • Lugeri N, Kundzewicz ZW, Genovese E, Hochrainer S, Radziejewski M (2010) River flood risk and adaptation in Europe-assessment of the present status. Mitig Adapt Strateg Glob Change 15(7):621–639

    Article  Google Scholar 

  • Markus AA, Courage WMG, van Mierlo MCLM (2010) A computational framework for flood risk assessment in The Netherlands. Sci Program 18(2):93–105

    Google Scholar 

  • Pandey AC, Singh SK, Nathawat MS (2010) Waterlogging and flood hazards vulnerability and risk assessment in Indo Gangetic plain. Nat Hazards 55(2):273–289

    Article  Google Scholar 

  • Schanze J, Zeman E, Marsalek J (2006) Flood risk management: hazards, vulnerability and mitigation measures. Springer, Berlin

    Book  Google Scholar 

  • Teng WH, Hsu MH, Wu CH, Chen AS (2006) Impact of flood disasters on Taiwan in the last quarter century. Nat Hazards 37(1–2):191–207

    Article  Google Scholar 

  • The Department of Statistics, Ministry of the Interior (2009) Loses caused by natural disasters. Statistical yearbook of interior

  • The Water Resources Agency (2004) A study on reassessment and reevaluation of designed flood and mitigation-structures improvement tasks in Taiwan

  • Tsai CH, Chen CW (2010) An earthquake disaster management mechanism based on risk assessment information for the tourism industry-a case study from the island of Taiwan. Tour Manag 31(4):470–481

    Article  Google Scholar 

  • Wang JJ, Ling HI, Smyth A (2008) Failures associated with the 2004 Mindulle typhoon in Taiwan. Geotech Geol Eng 26(1):79–90

    Article  Google Scholar 

  • Wurbs R, Toneatti S, Sherwin J (2001) Modeling uncertainty in flood studies. Water Resour Dev 17(3):353–363

    Article  Google Scholar 

Download references

Acknowledgment

The authors acknowledge financial support from the National Science Council of Taiwan, R.O.C., under project number NSC-98-2625-M-001-001.

Author information

Authors and Affiliations

  1. Research Center for Hazard Mitigation and Prevention, National Central University, Jhung-li, Taoyuan, Taiwan

    Wen-Ko Hsu & Pei-Chiung Huang

  2. Department of Civil Engineering, National Central University, Jhung-li, Taoyuan, Taiwan

    Wei-Ling Chiang

  3. Institute of Economics, Academia Sinica, Taipei, Taiwan

    Ching-Cheng Chang

  4. Department of Agricultural Economics, National Taiwan University, Taipei, Taiwan

    Ching-Cheng Chang

  5. Institute of Maritime Information and Technology, National Kaohsiung Marine University, Kaohsiung, 80543, Taiwan

    Cheng-Wu Chen

  6. Taiwan Risk Management Corporation, Taipei, Taiwan

    Dung-Moung Hung

Authors
  1. Wen-Ko Hsu
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Pei-Chiung Huang
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. Ching-Cheng Chang
    View author publications

    You can also search for this author in PubMed Google Scholar

  4. Cheng-Wu Chen
    View author publications

    You can also search for this author in PubMed Google Scholar

  5. Dung-Moung Hung
    View author publications

    You can also search for this author in PubMed Google Scholar

  6. Wei-Ling Chiang
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Cheng-Wu Chen.

Rights and permissions

Reprints and permissions

About this article

Cite this article

Hsu, WK., Huang, PC., Chang, CC. et al. An integrated flood risk assessment model for property insurance industry in Taiwan. Nat Hazards 58, 1295–1309 (2011). https://doi.org/10.1007/s11069-011-9732-9

Download citation

  • Received:

  • Accepted:

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s11069-011-9732-9

Keywords

Search

Navigation