Development and evaluation of FLEMOps – a new <i>F</i>lood <i>L</i>oss <i>E</i>stimation <i>MO</i>del for the <i>p</i>rivate <i>s</i>ector

The estimation of flood losses is an essential component for risk-oriented flood design, risk mapping or financial appraisals in the reinsurance sector. However, only simple models, e.g. stage-damage curves, have been used frequently. Further, the reliability of flood loss and risk estimates is fairly unknown, since flood loss models are scarcely validated.