2021 catastrophe losses News

Crews Continue Searching in Flooded Middle Tennessee as Dozens Still Feared Missing

Search crews worked through shattered homes and tangled debris on Monday, looking for dozens of people still missing after record-breaking rain sent floodwaters surging through Middle Tennessee, killing at least 22 people. Saturday’s flooding took out roads, cellphone towers and …

Henri Brings Flooding, Power Outages to Northeast; Tennessee Floods Take 22 Lives

The remains of Tropical Depression Henri are drenching the U.S. Northeast with heavy rain, leaving floods and power outages as it makes its way across New England and out to sea. The storm has saturated the region for two days, …

RMS Says Insured Losses from European Floods Could Rise to $7.7 Billion

RMS, the Newark, Calif.-based catastrophe modeling company, estimates that insured losses from the Western and Central Europe flooding, which occurred between July 12 and 18, 2021, will likely range between €5 billion and €6.5 billion (US$6 billion and US$7.7 billion). …

Insurers Expect 2021 to Be Costly as Germany Reels from Flood Catastrophe

Chancellor Angela Merkel pledged swift help backed by “all the power of the state” for people affected by devastating flooding in western Germany, where at least 42 people have died and dozens are missing. Following heavy rain Wednesday night into …