Estimates almost 50% of global flood losses can be found in just eight countries in Asia

JBA Risk Management is making its global flood model available on the Nasdaq Risk Modelling service, an open-source catastrophe modelling solution, which is powered by the Oasis Loss Modelling Framework.

JBA says its probabilistic Global Flood Model fills gaps left by currently available catastrophe models and enables the comparison of loss across country and continental borders.

It estimates that over 60% of the global population is at risk to inland flood annually, and that almost 50% of global flood losses can be found in just eight countries in Asia – a region traditionally lacking in catastrophe model coverage.

 

 

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