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Flood event set generation, as employed in catastrophe risk models, relies on gauge information that is not available in data‐scarce regions. To overcome this limitation, we develop a stochastic fluvial and pluvial flood model of Southeast Asia, using freely and globally available discharge data from the global hydrological model GloFAS and rainfall from the ERA5 reanalysis. We use a conditional multivariate statistical model to produce a synthetic catalog of 10,000 years of flood events. We calculate the flood population exposure associated with each flood event using freely available population data from WorldPop and generate exposure probability exceedance curves. We validate the population exposure curves against observed flood disaster data from EM‐DAT, showing that our methodology provides exposure estimates that are in line with historical observations. We find that there is a 1% probability that more than 30 million people will be exposed to flooding in a given year according to our event set. This number is roughly half the population living in the 100‐year return period flood zone of Fathom's hazard maps, suggesting most studies based on static flood maps overestimate exposure. This analysis provides significant progress over previous non‐stochastic studies which are only able to compute total or average exposure within a given floodplain area and demonstrates that a reanalysis‐based stochastic flood model can be designed to generate reliable estimates of population exposure probability exceedance. This study is a step toward a fully global catastrophe model for floods capable of providing exposure and loss estimates worldwide. Key Points: Global hydrological models can be used to drive a large‐scale stochastic flood inundation model in Southeast AsiaA reanalysis‐based stochastic flood model generates realistic flood eventsThe computed flood exposure exceedance curve for Southeast Asia compares well to the EM‐DAT database [ABSTRACT FROM AUTHOR]

This paper details a methodology proposed for the EVA 2021 conference data challenge. The aim of this challenge was to predict the number and size of wildfires over the contiguous US between 1993 and 2015, with more importance placed on extreme events. In the data set provided, over 14% of both wildfire count and burnt area observations are missing; the objective of the data challenge was to estimate a range of marginal probabilities from the distribution functions of these missing observations. To enable this prediction, we make the assumption that the marginal distribution of a missing observation can be informed using non-missing data from neighbouring locations. In our method, we select spatial neighbourhoods for each missing observation and fit marginal models to non-missing observations in these regions. For the wildfire counts, we assume the compiled data sets follow a zero-inflated negative binomial distribution, while for burnt area values, we model the bulk and tail of each compiled data set using non-parametric and parametric techniques, respectively. Cross validation is used to select tuning parameters, and the resulting predictions are shown to significantly outperform the benchmark method proposed in the challenge outline. We conclude with a discussion of our modelling framework, and evaluate ways in which it could be extended. [ABSTRACT FROM AUTHOR]