Report predicts future seasonal extreme droughts and floods

Major floods during the 2011 monsoon season in Thailand

The Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC) has released a report that examines Asia’s pressing climate issues ranging from typhoon activity and seasonal prediction of extreme droughts and floods, to the impact of local air pollution on climate.

More specifically, this year’s report includes highlights of the development of a multi-model-based seasonal prediction system for extreme droughts and floods, and a six-month lead downscaling prediction of winter-spring drought based on a multi-model ensemble.

Guy Carpenter chief executive of Asia Pacific James Nash said: “This year’s report continues to push the borders of investigation by studying climate issues both on a regional and global scale, understanding that the risks of climate-related perils are of the upmost importance to the global insurance industry.”

GCACIC director Professor Johnny Chan said: “Natural catastrophes and climate risks continue to pose a significant threat to the Asia-Pacific region.

“The centre remains dedicated to its mission of understanding climate perils through enhancing our research and arming the industry with actionable intelligence to better anticipate, prepare for and mitigate the potentially devastating impacts of climate-related phenomena.”