TY  - JOUR
A1  - Prahl, Boris F.
A1  - Rybski, Diego
A1  - Kropp, Jürgen
A1  - Burghoff, Olaf
A1  - Held, Hermann
T1  - Applying stochastic small-scale damage functions to German winter storms
JF  - Geophysical research letters
N2  - Analyzing insurance-loss data we derive stochastic storm-damage functions for residential buildings. On district level we fit power-law relations between daily loss and maximum wind speed, typically spanning more than 4 orders of magnitude. The estimated exponents for 439 German districts roughly range from 8 to 12. In addition, we find correlations among the parameters and socio-demographic data, which we employ in a simplified parametrization of the damage function with just 3 independent parameters for each district. A Monte Carlo method is used to generate loss estimates and confidence bounds of daily and annual storm damages in Germany. Our approach reproduces the annual progression of winter storm losses and enables to estimate daily losses over a wide range of magnitudes. Citation: Prahl, B. F., D. Rybski, J. P. Kropp, O. Burghoff, and H. Held (2012), Applying stochastic small-scale damage functions to German winter storms, Geophys. Res. Lett., 39, L06806, doi: 10.1029/2012GL050961.
Y1  - 2012
U6  - https://doi.org/10.1029/2012GL050961
SN  - 0094-8276
VL  - 39
IS  - 12
PB  - American Geophysical Union
CY  - Washington
ER  -