2222222222

White Paper

Towards A Flood Resilient Future: A US-Perspective

Insurance plays a major role in developing resilient communities. There are studies that highlight the importance of high insurance penetration and the correlation to strong resilient countries. Where does the insurance industry stand in terms of flood resilience in the U.S?
By:

White Paper Summary

From a flood insurance penetration standpoint the insurance industry is behind the curve. Post Hurricane Harvey, it came to light that a staggering 80% of the homes in Houston were not insured for flood.The flood insurance penetration rate was not much better in New York and New Jersey during Superstorm Sandy2. Note that these are coastal states where hurricanes and extreme flooding events are common and where homeowners and businesses should be more aware of the risks. Across the country, according to the Insurance Information Institute, only about 12% of homeowners in the U.S. purchase flood insurance.3

RiskCentralButtonV1-250

To learn more about Munich Re, please visit their website.

Munich Re, and its family of companies, has been a leader in risk for more than 100 years. We are spearheading innovation to deliver competitive advantages for our clients every day and disrupting on our own terms to reimagine the world of risk itself.

Risk Matrix: Presented by Liberty Mutual Insurance

10 Emerging Risks Affecting Public Entities

Public organizations face a growing set of challenges. See our map of the top current exposures plotted by frequency and impact.
By: | June 1, 2018 • 2 min read
Topics: Public Sector

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




The R&I Editorial Team can be reached at [email protected]