May 2nd, 2019

Understanding Flood Risk in Malaysia Through Catastrophe Modeling

Posted at 1:00 AM ET

Narathip Sutchiewcharn, Senior Vice President and Claudio Saffioti, Catastrophe Model Developer

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According to Malaysia’s Department of Irrigation and Drainage, the many rivers running through the country put about 9 percent of the total land area under flood risk, potentially affecting 2.7 million people. Rapid urbanization is only going to worsen the problem through rising population concentrations and at-risk infrastructure, land consumption and the channeling of water courses.

Despite substantial funding deployed in the last decades to support flood mitigation projects across Malaysia and efforts to devise innovative solutions, such as the Stormwater Management and Road Tunnel, flooding still occurs frequently, especially during the northeast monsoon season (October to March).

Click here to read the full article on Marsh & McLennan’s BRINK >>

Click here for more insights from Guy Carpenter >>

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