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9 September 2025Insurance

Marine insurance faces climate test: bridging science and underwriting in an uncertain climate

In June 2019 the village of Wainfleet in Lincolnshire in the UK was engulfed by one of the worst floods in living memory. Weeks of relentless rainfall had swollen local rivers beyond their banks, and the town’s centuries‑old flood defences finally gave way, sending a torrent of water rushing through streets and homes.

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