Flooding affects three in 10 people globally.
Fatalities lower than in previous events, thanks to investments in early warning systems.
Insured damages surpass the 1998 ice storm.
A look at government investment in weather warning systems.
Summer disaster claims increase 406 per cent over 20-year average.
Investments made now could mitigate future economic disruptions.
August estimates will be impacted by weekend flooding in Montreal and Toronto.