Insurance for a better world

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Publication Date: 25th June 2020

Authors: Carolyn Kousky and Maryam Golnaraghi

Part of a comprehensive review of flood risk management in five mature economies, this report looks at the system in the United States. It reveals that the government is increasingly committed to building resilience to floods but that a reliance on post-disaster aid and a huge flood insurance gap remain in reality, due to low public awareness and a lack of affordable coverage. A more forward-looking approach to address the increasing level of risk and effects of climate change is recommended.

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