Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Sri Lanka: Heavy rains cause flash flooding, landslides

Reprints

Heavy rains have caused landslides and flash floods in parts of Sri Lanka, Asia Insurance Review reported.

The rains arrived after a period of severe drought.

Catastrophe modeling firm RMS expects risks related to water-related climate variability to intensify.

Nikki Chambers, hazards scientist at RMS, said "flood insurance in this region is given only in combination with windstorm/cyclone cover."

Ms. Chambers added that "industry reports suggest there is take-up of about 20% of this type of cover mainly from industrial and commercial organizations."

Read more