Total cost estimates for the relevant housing area are 100
Million euros for R50 floods under scenario Sc1 [3]. The total cost
100 Million euros is distributed over the impact scenarios in
Fig. 3.
The cost estimates above do not include the emergency response costs as these are absorbed in the budgeted operational costs of the rescue service. It should also be noted that possible cost sharing between the affected asset owners and the insurance sector is not taken into account in the demonstration.
The column ‘Risk shares and residual risk’ (Fig. 3) indicates the annual risk shares of each impact scenario. We can note that for the worst case impacts, the risk share increases in the future