Floods cause major damage. The floods of early 2019 in North Queensland cost AUD$5.68 billion , while Cyclone Yasi and the Queensland floods of 2011 cost A$6.9 billion . Floodplains in New Zealand have considerably higher overall national exposure of buildings and population than coasts  . The insured losses from the 12 costliest floods in New Zealand from 2007 to 2017 totalled NZD$471.56 million, of which NZD$140.48 million could be attributed to climate change .
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report