Marsh McLennan unveils flood index

Marsh & McLennan Cos. Inc. on Thursday launched its Flood Risk Index to help assess exposure and vulnerability to more frequent and severe flooding.

The Flood Risk Index outlines the potential impact of flooding on populations and economic assets in 188 countries.

Risk is analyzed on a country-by-country basis; by the type of hazard, such as river or coastal flooding; by exposure to flood risk, meaning the total people and assets in harm’s way; and by vulnerability to flood damage, the susceptibility of people and assets to harm for each nation.

The Index allows users to compare scores for hazard, exposure and vulnerability between two countries, or between one country and the global average. Users also have access to geospatial data sets from research institutions and international organizations.

This index will help organizations gain a greater understanding of where their people, assets and supply chains are most at risk, and take steps to mitigate the worst potential impacts of flood, according to Rob Bailey, director of climate and sustainability, Marsh McLennan and co-author of the index.

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