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...
Biden Administration Raises FEMA Bar for Flood Resilience July 11, 2024 By Leslie Kaufman The US Federal Emergency Management Agency (FEMA) has finalized a rule mandating that projects built using its funds not only...
UK Is Far From Climate Proof Due to Poor Planning, Officials Say March 13, 2024 By Olivia Rudgard and Laura Millan The UK has failed to prioritize climate adaptation to risks such as floods and heat waves, putting British citizens and...
Insurance Losses From Sydney Floods Approach A$100M: ICA July 8, 2022 Insurers have received 8,415 claims as a result of July’s floods in Sydney, carrying an initial estimated insurance price tag...