Authored by Sara Weathers

Due to the current levels of risk, flood risk management is under strain, according to a recent Insurance Business Magazine article. The global flood risk is expected to continue to increase in the future.

There are multiple factors that are creating a heightened risk of flooding, with climate change being one of the main ones. A recent report from Marsh Limited, a company that is a leading expert on insurance risks, shows that one in three people globally can be at risk for flooding due to global warming.

The report from Marsh also discussed strategies for flood risk management. For more on these strategies and on the rising flood risk, check out Insurance Business Magazine’s article.

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