Spain’s Record-Breaking Floods Push Insured Losses Above €4 Billion ($4.2 Billion)

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Insurance Journal - Nov 18, 2024

Total insured losses from recent floods in Spain are expected to exceed €4 billion (US$4.2 billion), according to credit rating agency Morningstar DBRS. This insured price tag includes losses absorbed by the Consorcio de Compensación de Seguros (CCS), the state-backed …...

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