“A key to flood resilience — and disaster resilience more broadly — is to make it an integral part of overall strategy. Responding to individual events as “one-offs” is, generally, not cost-efficient. Nor is relying exclusively on civil flood defenses to protect properties.”
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Four Twenty Seven’s new report underscores the rising severity and frequency of severe climate hazards in its most recent 20 year projection, and “understanding who and...
Historical loss records alone are not adequate in assessing climate risk, according to Swiss Re. As the losses due to weather events continue to increase, “insurers need...