New research provides ground-breaking insights into rising flood risk globally. Cloud to Street uses direct satellite observations of flooding and refines this geospatial data with AI and other methods instead of modelled estimates.
The research, published as the Global Flood Database, offers a comprehensive view of flood exposure around the world and underscores how alternative methods of analysing flood risks through platforms like Cloud to Street allows insurers to understand flooding in a new and revolutionary way. The entire database is hosted openly at Global-flood-database.cloudtostreet.ai.
The analysis reveals that the proportion of global population exposed to floods has grown by 24% since the turn of the millennium, a tenfold difference from what scientists previously thought. Growing exposure and a growing number of flood events are behind the rapid increase, according to the research.
Read the insight from Willis Towers Watson in full by clicking here.