London Heathrow Airport 'at risk' from climate change
Mon, 27 Oct, 2008
A specialist insurance provider has warned that climate change in the UK could have serious impacts upon infrastructure including airports.
Lloyd's produced a Realistic Disaster Scenario for 2009, which included the consequences of a severe flood.
It found that flooding around the Thames Valley area could cause monetary losses of £6.2 billion, as well as severe disruption to the motorways and London Heathrow Airport.
Paul Nunn, head of exposure management at Lloyd's, said that the scientific consensus is that global warming will cause more extreme rainfall events.
"Flooding here will give rise to a much larger insurance loss event than anywhere else in the UK. The disruption to Heathrow airport alone will result in material loss accumulations," he commented.
The research could have implications for risk management for UK airports in general.
In 2006 Heathrow was the busiest airport in Europe in terms of total passenger traffic and is currently the third busiest airport in the world.