7.0 INFORMATION AND DATA
Key Concept:
Extremely low-frequency events may also be considered uninsurable as insurers often lack actual data
to accurately assess flood risks.
Q7.1) In NL specifically how can gathering data on the impacts of past and future floods be improved?
Q7.2) In NL specifically, what steps are being taken to build an accurate flood risk map of current and
projected/future risks?
Answer: The Floods Directive
Q7.3) How could better sharing of data, risk analysis and risk modeling methods be encouraged in NL
specifically and in the EU generally? Should the available data be made public? Should the EU take
action in this area?
Key Answer:
Through a classical underwriting process insures seek adequate information to correctly calculate risk to
avoid adverse selection. Without information about the risk, risk-based premiums are hard to calculate.
A general lack and ambiguity of data is a
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