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Flood risk is rising fast in Western & Southern Europe and the Middle East & Africa, costing insurers up to $ 11bn in 2024 alone. In this video, Nikhil da Victoria Lobo explores key regional insights from the latest NatCat Sigma report, including: Major flood events in Spain (Valencia) and Dubai. Why 70% of flood losses in Europe remain uninsured. The role of urbanization, climate change, and exposure accumulation. The urgent need for data-driven risk understanding and public-private partnerships. Learn how insurers and policymakers can better prepare for growing secondary perils in these high-risk regions. |
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