Data from a new flood mitigation platform, the Aqueduct Global Flood Analyzer tool, highlights the economic severity of global flooding and its potential for an estimated six-fold increase during the next 15 years. 

According to Aon Benfield's catastrophe modeling division, global insured losses from flooding over the last 10 years average approximatley $9 billion per year. Additional research suggests that flooding currently poses a threat to roughly 21 million people across the world every year, costing the global economy roughly $90.65 billion.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].

Catastrophe & Restoration
Commercial Lines
Personal Lines
Weather Risk