Oxfam report on disasters

A little gem of  a report from Oxfam examines trends in natural disasters over the past few decades.  A substantial increase in the number of disasters largely reflects a significant increase in the number of floods.  The trend is marked and easy to see since the 1990s.

The report's conclusion brings up the issue of country governance:

"Countries with better governance are less vulnerable to natural hazards, which implies that securing increased standards of governance could help to mitigate future increases in exposure and hazards."

Though the report stops there, I would be utterly amazed if the same was not equally valid at the level of corporations and corporate governance - in other words:

Corporations with better governance are less vulnerable to natural hazards, which implies that securing increased standards of governance could help to mitigate future increases in exposure and hazards.

So ... just how good are your business continuity and disaster response arrangements at coping with, say, floods?  Have you ever simulated a flooding disaster?