Southern Germany Floods to Cost Insurers $2.6 Billion-$3.9 Billion: Verisk

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Insurance Journal - Jun 20, 2024

Estimated insured losses from flooding, which hit Southern Germany on May 15-June 5, will range from €2.4 billion (US$2.6 billion) to €3.6 billion (US$3.9 billion), according to Verisk, the data analytics and technology firm. Moody’s RMS recently estimated insured losses …...

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