Flood risk to people and businesses 'underestimated and increasing': Marsh McLennan

Martha Muir

20 July 2022

Marsh McLennan says that flood risk is “underestimated and increasing” due to climate change, while population growth, economic development and urbanization mean that more people and assets are situated in areas at greater risk of flooding.

In its Rethinking Flood series, Marsh called for more use of public-private insurance partnerships amongst other measures.

It estimates that 2.2

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