INSURERS

With frequency and intensity of floods increasing, are insurers prepared?

More than 50 severe flood events around the world caused combined economic losses of US$82 billion in 2021 alone.

Floods are increasing

Frequency is increasing

– The number of global flood events has been increasing

– From less than 100 per year in the 70s and 80s

– To over 800 per year in 20151.

Severity is increasing

The average annual damage from global flood events has been increasing

– From less than $10 billion USD per year in the 70’s and 80’s

– To over $40 billion per year in 20151

Four global flood events in 2022 alone cost $70 billion USD

With content damage representing $13 billion USD

Krisis Flood Bags are the innovative solution for insurers

Make an enquiry


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