We partnered with EASOS to tackle chronic flooding – a major problem faced by Malaysia. In 2014, the worst monsoon rains in three decades hit the east coast of Malaysia.
Following severe flooding in Hull, UK in 2007, the Association of British Insurers asked the UK Environment Agency to improve flood modelling for heavy rainfall in towns. We took up the challenge to produce a robust pluvial (rainfall) modelling test to set a best practice standard on modelling inputs.
Flood Re is a flood reinsurance scheme and is principally engaged in the provision of flood peril reinsurance cover within the UK. The Scheme is a joint initiative between the UK insurance industry and the UK Government and was established by the Water Act 2014.