Private Investment

noah-intelligence-secures-private-investment-dimensions2-min

16 Apr: NOAH Secures Private Investment to Advance Flood Risk Solutions

The answer is No (and Yes).
Last July 16th, a summer rainstorm swept into Southern Ontario and seemed to pause over Toronto. Three hours later, flooding had displaced 500,000 people and caused damage that experts say could reach $4 billion (including $990 million of insured losses). That’s roughly $1.3 billion per hour of rain. A month later, another once-in-a-century storm hit Ontario just days after catastrophic flooding in Quebec resulted in over 70,000 insurance claims