Insured losses from Spain flooding expected to exceed €4bn: Morningstar DBRS

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Reinsurance News - Nov 14, 2024

According to Morningstar DBRS, insured losses from the extreme weather phenomenon (commonly known by its Spanish acronym DANA (Depresión Aislada en Niveles Altos) that caused severe flooding in the eastern region of Spain in October, are expected to exceed €4 billion. As of writing, the severe flood...

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