Whether you believe in climate change or not, the indisputable fact is property insurers are recording greater peak events with increased rainfall amount, intensity, frequency and duration. Such events are predicted to further increase in the future. Many roof designs are not able to cope with these changes and designers need to take increased rainfall intensity into account in future designs. All this translates into more frequent and larger water damage losses.

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The Allianz Group offers a wide range of products, services, and solutions in insurance and asset management and operates as an international insurer on almost every continent.
With our worldwide network, Allianz Global Corporate & Specialty (AGCS) is one of the very few global insurers with an exclusive focus on the needs of global corporate and specialty clients.