The summer in England and Wales was the wettest. All damp in north – eastern England in June and Central and South-Western England in July caused an extensive and severe damage. There are 130,000 insurance that claims. The guy carpenter provided exposed value that estimates to insurers after the flood events. The United Kingdom insurance borne the cost of flood damage. The bump of the flood losses on reinsurance pricing. It is not expected to be significant. This flood in 2007 is not unusual. There were more extensive and floods on a similar scale to these would cause larger losses in the past 200 years. The United Kingdom also faces a serious risk of sea surge flooding. The climate models predict that the frequency of severe floods in United Kingdom increase, but it is not possible. This is possible that in summer time there is a heavy rain that comes in the country, please be ready on the disaster that come in our life. We can not stop the disasters that faces in our life. We should be ready for it. Be prepare always.
Reference:
www.guycarp.com/portal/extranet/insights/…/2007/UK_Floods_2007.pdf
