With Malaysia’s monsoon season on the way, renewed calls for greater flood insurance coverage
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[KUALA LUMPUR] With Malaysia’s annual monsoon season fast approaching, there is a growing debate about whether companies and individuals have insured themselves against flooding – the country’s most severe and frequent natural disaster.
The heavy downpour and floods typically take place from October to March each year, with those staying in the east of the country being affected the most.
But even states such as Johor in the south are experiencing record levels of rainfall, which have raised fears of flooding in some areas. Earlier this year, over four days from Feb 28 to Mar 3, the state reported a record 731mm of rainfall – well above the previous four-day high of 621mm in 1991.
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