Claims Insights Podcast: Evolving risk landscape of flooding
Article information and share options
Central Europe faced multiple extreme floods this year, caused by prolonged heavy rains, including the catastrophic Storm Boris. Tens of thousands of people were forced to evacuate in southern Germany, Austria, the Czech Republic, Poland, Romania, and Spain.
According to Swiss Re Institute, flood risks currently account for 50% of annual weather-related economic losses in west Central Europe. As changing climates fuel weather event intensity, floods are expected to further intensify, which could have significant impact on associated economic losses in the future. How is flood risk evolving? How prepared are we to build flood resilience? What are the implications for long-term risk management?
Episode 9: Evolving risk landscape of flooding
Hosted by Marc Scheidegger, Chief Claims Officer of Swiss Re Corporate Solutions, this episode on "Evolving risk landscape of flooding" invites Graham Smart, Chief Commercial Officer, McLarens. Together, we will explore the topic of flooding and discuss how the industry is adapting to the evolving risk landscape globally.
0:00 – 0:47 Introduction
0:48 – 1:59 What are floods and how is the risk evolving?
2:00 – 5:04 Observations of the flood events in Spain and Central Europe this year – have they become worse?
5:05 – 8:18 Flood risks from a global perspective
8:19 – 11:05 Was there an opportunity for businesses to be better prepared?
11:06 – 13:17 Building long-term risk management plans considering the complexity of supply chains
13:18 – 16:35 Key takeaways
16:35 – 16:58 Closing and end
Sources
Sources
1. Resilience or rebuild? Swiss Re Institute, November 2024
2. What caused deadly floods in Spain? The impact of DANA explained, Reuters, November 2024
Tags
Contact us
Marc Scheidegger
