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Flood disasters more than double across Europe in 35 years

Source(s): Guardian, the (UK)
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The number of devastating floods that trigger insurance payouts has more than doubled in Europe since 1980, according to new research by Munich Re, the world’s largest reinsurance company.

The firm’s latest data shows there were 30 flood events requiring insurance payouts in Europe last year – up from just 12 in 1980 – and the trend is set to accelerate as warming temperatures drive up atmospheric moisture levels.

Globally, 2016 saw 384 flood disasters, compared with 58 in 1980, although the greater proportional increase probably reflects poorer flood protections and lower building standards in the developing world

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Hazards Flood
Themes Climate change Insurance and risk transfer
Country and region Algeria

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