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From drought to deluge - Franklin Templeton Investments

(Chapter 6 of 6) When too much water is the problem.

Posted on Nov 25, 2020

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... Beyond the obvious and devastating humanitarian threat the risk of increased flooding presents to the world, there is a less recognized financial threat as well. In general, flood risk is an under-insured peril, in the United States and other countries globally. Even in places where insurance coverage is in-force, it is often found to be insufficient.

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