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Average annual (a) 1-and (b) 5-day-maximum precipitation (RX1 and RX5) in the ZRB, 1961–2007.  

Average annual (a) 1-and (b) 5-day-maximum precipitation (RX1 and RX5) in the ZRB, 1961–2007.  

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In a changing climate, understanding the frequency of weather extremes is crucial to improving the management of the associated risks. The concept of weather index based insurance is introduced as a new approach in weather risk adaptation. It can decrease the vulnerability to precipitation extremes that cause floods and economic losses in the Zhuji...

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... These PDFs are widely used in the literature for maximum daily rainfall estimation in various regions (Koutsoyiannis et al. 1998;Katz 2010;Rulfová et al. 2016;Yuan et al. 2018;Xavier et al. 2019a;Lima et al. 2021). The Kolmogorov-Smirnov (KS) and Anderson-Darling (AD) tests were employed to assess the goodness of fit of each PDF (Fischer et al. 2012;Ye et al. 2018;Xavier et al. 2019b;Moccia et al. 2021). The Akaike information criterion (AIC), Bayesian information criterion (BIC), and log-likelihood function (LLF) validation metrics were used to compare and select the best-fitting PDF (Coles ...
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... The concept of stationarity does not consider, whether the probability of occurrence of a certain extreme event and the corresponding probability distribution are connected to temporal changes (Coles (2001), Jacob (2013)). Due to the long service life of structures of 50 or 100 years, the validity of stationary assumptions may therefore be scrutinized, see, e.g., Coles (2001), Fischer et al. (2012), Soukissian and Tsalis (2015), and Milly et al. (2008). This is supported by numerous studies, illustrating fundamental changes in frequencies and intensities of extreme events connected to trends and shifts in corresponding data (Melillo et al. (2014), Coumou and Rahmstorf (2012), Mazdiyasni et al. (2017), Mallakpour and Villarini (2017), Wahl et al. (2015), Vahedifard et al. (2016), andJongman et al. (2014)). ...
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