If events of this nature increase in frequency, insurability may also be affected, and the government may end up taking more of the strain. In the long run, it might be beneficial to consider alterations in land use and river management as integral components of a comprehensive solution. Additionally, examining how risks from catastrophic events are managed within current financial, corporate and public institutions — and identifying potential improvements — would be a prudent approach to enhance overall preparedness and response strategies.
… A key strategy in addressing this challenge involves repairing and retrofitting existing infrastructure to bolster its resilience,..