MITIGATION OF FLOOD LOSSES WITH AN AGGREGATE LOSS MODEL BASED ON DATA IN DKI JAKARTA
Based on loss data obtained from the JakSafe website for the period January 2016 s.d. February 2018, the magnitude of flood losses varied greatly with the lowest loss for a flood event was around 188 million Rupiah, while the highest was around 670 billion Rupiah. The amount of loss is very diver...
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| Format: | Final Project |
| Language: | Indonesia |
| Online Access: | https://digilib.itb.ac.id/gdl/view/54863 |
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| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |
| Summary: | Based on loss data obtained from the JakSafe website for the period January 2016
s.d. February 2018, the magnitude of flood losses varied greatly with the lowest
loss for a flood event was around 188 million Rupiah, while the highest was around
670 billion Rupiah. The amount of loss is very diverse and certainly affect the flood
mitigation strategy, especially in DKI Jakarta. In this final project, the aggregate
loss model is used to model the loss of flood events. Unfortunately, due to limited
data on flood losses, it is necessary to modify the aggregate loss model using
rainfall. This modification will make the loss model more realistic with the loss in
a month will depend on the value of the rainfall. Then, it should also be noted that
the total loss of a flood event is the accumulation of losses from several sectors. The
loss for each sector has a changing percentage for each flood event. One approach
that can be taken to solve this problem is to use vector autoregression. As the final
result, the total reserve value will be obtained along with the details of reserves for
each sector for the next year. |
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