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Risk, Governance & Resilience

Flood risk

Flood hazard combined with the potential for harm to people, assets, operations or the environment.

Example Usage

"The insurer priced the policy using site flood risk, not just proximity to a river."

Typical Units & Data

Risk rating, £ loss, downtime (hours)

Related Keywords

flood risk assessment expected annual damage business interruption risk rating

Related Terms

FloodWatch Resources

Put This Knowledge to Work

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