As climate change continues, a growing concern is the increasing frequency and intensity of flooding. Verisk researchers conducted a study for the Society of Actuaries (SOA) Research Institute using the Verisk Inland Flood Model for the United States and the Verisk Hurricane Model for the United States and heavy-day precipitation and riverine flood projections from five General Circulation Models (GCMs) to estimate how climate change may influence single event return period losses to U.S. property by mid-century.
In a recent SOA podcast one of the authors of the SOA report, Dr. Peter Sousounis, Vice President/Director of Climate Change Research at Verisk, discussed the topic with R. Dale Hall, Managing Director of the SOA Research Institute.
Listen to “The potential impacts of climate change on U.S. inland flood risk by mid-century”
