India FloodRisk 2.0

India's First Countrywide Flood Risk Model (Version 2.0)

RMSI’s India FloodRisk 2.0 is India’s most thorough flood risk assessment tool, giving granular risk analytics across all 19,000+ pincodes using a sophisticated stochastic modeling methodology. Including 80,000 simulated flood events throughout India’s 28 main river basins and 3,400 sub-basins.

The model integrates with the Oasis loss modeling framework to provide insurers with state-of-the-art financial modeling.

Stochastic flood risk model with 80,000 stochastic events across 28 river basins

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Calibrated against multiple recent events - Delhi Floods (2023), Bengaluru Floods (2022, 2024), Mumbai Floods (2024), Tamil Nadu/Andhra Pradesh Floods (2024) and historical events - Gujarat (2006), Mumbai (2005), Uttarakhand (2013), Jammu & Kashmir (2014), Chennai (2015), Kerala (2018, 2022)

Key Functionalities:

Countrywide Coverage

The strength of the OSS Loss Modeling Framework –

  • Non-parametric probability distributions
  • Monte-Carlo Sampling
  • Correlation of intensity and damage across coverages and locations
  • Data-driven Application of Insurance Terms and Conditions

Most Up-to-date Data

  • Exposure data based on 2020/2021 land use/land cover at five-meter resolution
  • Comprehensive river flow data spanning 50 years and historical rainfall data spanning 125 years
  • High resolution Digital Elevation Models (DEM) ranging from (10 to 30m DEMs)
  • Vulnerability functions developed specifically for India based on multiple field studies based on multiple flood events in India
 
TO SCHEDULE A DEMO, WRITE TO US AT INFO@RMSI.COM
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