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LFP088 – Catastrophe, Acts of God & Parametric (Event-Based, Fixed-Payout) Insurance Adam Rimmer FloodFlash

LFP088 – Catastrophe, Acts of God & Parametric (Event-Based, Fixed-Payout) Insurance Adam Rimmer FloodFlash

Published 9 years ago
Description
52% of UK SMEs based floodplains don’t have flood cover! Insurers struggle to insure flood risk due to the difficulty of modelling and assessing the economic impact. Many people/businesses are unable to get insurance cover at all. Every year, globally, there are $50bn of flood caused economic losses of which only $9bn are covered by […]
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