UK Floods Raise Specter of ‘Mortgage Prisoners’ for Banks February 19, 2026 By Alastair Marsh and Olivia Rudgard As the prospect of flood damage haunts an ever larger number of UK homes, the country’s banks are under growing...
Viewpoint: East London Faces Risks of Extreme Flooding – But Resilience Can Be Built February 13, 2026 By Ravindra Jayaratne and Maciej Pawlik More than 1,000 properties flooded in London in 2021, resulting in insurance losses of more than £281 million. Record-breaking floods...
Questions Linger on Response to Deadly Texas Flash Flood July 11, 2025 By Hannah Fingerhut and Jim Vertuno Key questions remain unanswered about the actions Texas officials took both before and during the catastrophic July Fourth holiday floods...
UK Warned Cuts to Flood Defense Are Too Dangerous to Consider April 30, 2025 By Olivia Rudgard The UK should spare flood defense programs from budget cuts to be announced in June, as the country is already...
Insurers Pay Record Claims for Weather-Related Damage in UK: ABI February 11, 2025 Insurers paid out a record £585 million (US$724.7 million) for weather-related damage to people’s homes and possessions in 2024 in...
Valencia Floods Prompt Race for Funds to Boost Spain’s Climate Resilience February 7, 2025 By Corina Pons and Pietro Lombardi Spain is seeking European approval to repurpose more than a billion euros of post-pandemic recovery funds to make Valencia more...
UK Commits £2.65 Billion to Tackle Rising Flood Risk February 5, 2025 By Olivia Rudgard The UK will spend £2.65 billion ($3.31 billion) on flood defenses to protect homes from the growing risks posed by...
Flood Adaptation Preferable to Post-Disaster Rebuilding – And Helps With Insurability November 19, 2024 By L.S. Howard Economic losses caused by natural catastrophes reached an estimated US$280 billion in 2023, with US$51.6 billion of that total due...
Insured Losses from Central European Floods Range From US$2.2B to US$3.4B: Verisk October 2, 2024 Insured industry losses from the flooding in the Czech Republic, Poland and Austria in September 2024 will range from €2...
Central European Insurers’ Financial Strength to Remain Solid Despite Severe Floods September 25, 2024 By L.S. Howard The heavy rains and severe floods of Storm Boris, which inundated Central and Eastern Europe during the second week in...