OasisLMF-compliant Future Danube Catastrophe Model: Fluvial and pluvial flooding

The Future Danube Model (FDM) is a catastrophe model compliant with both insurance industry standards and climate science best practices. In its core it provides risk and damage information for fluvial flooding for the entire Danube Basin and pluvial flooding for selected cities in the Danube Basin for the past, present and future. A unique feature is the use of climate change scenarios to provide risk information for the present (2006-2035) and two future climate periods (2020-2049, 2070-2099), allowing analyses of risk with regards to the baseline period (1970-1999). The model was co-designed and co-validated in collaboration by the Potsdam Institute of Climate Impact Research (PIK), the German Centre for Geoscience (GFZ) and the Technical University of Denmark (DTU) with partners from the insurance industry. The model is implemented in the Oasis Loss Modelling Framework (LMF), an open source catastrophe modelling platform that seeks to open up the catastrophe modelling community and is driven by the needs of the (re)insurance industry.