Closing $10bn US flood cover gap can be done: Swiss Re

Swiss Re recommended several ways to help close a $10bn gap that
opens annually between damage caused by flooding in the US and
insured losses, suggesting that new technologies could improve risk
assessment.
The reinsurance giant also called for more frequent updates of
flood hazard maps and developing risk assessments that take into
account potential effects of climate change, as well as
public-private partnerships that hold prices for required flood
cover to affordable levels.
And the company