Focus on Flood Insurance amid Rising Losses (Reuters)

Swiss Re calls for greater use of insurance-linked securities.

By Treasury and Risk | September 10, 2012 at 07:20 AM

Flood losses have mounted, with last year's flooding in Thailand estimated to have resulted in $15 billion to $20 billion of damage while the price tag on last year's floods in Australia was put at $10.5 billion. According to Reuters, a report from Swiss Re argues for more preventive measures to be taken and also suggests using insurance-linked securities to limit the financial risk.

See the full story here.

Recommended For You

NOT FOR REPRINT

Just another ALM site

1 A New Payment Risk: Tariffs and Supply-Chain Madness

2 Understanding the Cost of Hedging

3 Trump Presses China to Make Tariff Offer to Calm Trade War

4 Corporate Response to New Tariffs

5 How to Know Whether the U.S. Is Approaching a Recession

Workers' Compensation Risk Management Award for Excellence Nominations
May 05, 2025 - Nomination Deadline

The 2025 Workers Comp Risk Management Award for Excellence honors outstanding loss control, safety and return-to-work programs.
More Information
Insurance
BenefitsPRO Broker Expo 2025
May 06, 2025 - Boston

The premier educational and networking event for employee benefits brokers and agents.
More Information
Consulting
Consulting Top Consultants 2025
June 26, 2025 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
More Information

Tariff Jitters Spur Fastest Retail Sales Growth in Two Years

By Mark Niquette and Augusta Saraiva | April 17, 2025

“With the economy set to cool sharply in the coming months as tariffs take their toll, price-sensitive consumers are poised to become more judicious with their spending.”