“…Therefore, planning for adaptation needs to be agile in order to take up these possible changes. In view of increasing trends in natural hazards, Read and Vogel (2016) propose the application of hazard function analysis as an alternative methodology for describing the probabilistic behaviour of non-stationary natural hazards. Hazard function analysis, with applications in medicine, economics, engineering and many other disciplines, offers a well-established set of tools for conducting a time to event analysis and for understanding the distribution of failure times for a given process.…”