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Flood risk routinely underestimated, warns Marsh & McLennan Company (MMC)

Re/insurance broker Marsh McLennan has released its updated Flood Risk Index 2.0, which maps how a changing climate will shape flood risk in the future.

The report warns that flooding is the most pervasive natural disaster, and yet its costs are routinely underestimated.

And now, climate change, economic and demographic trends, and a chronic shortfall in investment in resilience are combining to drive risk higher, MMC warns.

FULL ORIGINAL PUBLICATION HERE

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