RMS Says Insured Losses from European Floods Could Rise to $7.7 Billion August 23, 2021 RMS, the Newark, Calif.-based catastrophe modeling company, estimates that insured losses from the Western and Central Europe flooding, which occurred...
Insurers Expect 2021 to Be Costly as Germany Reels from Flood Catastrophe July 16, 2021 By Stefan Nicola, Birgit Jennen Chancellor Angela Merkel pledged swift help backed by “all the power of the state” for people affected by devastating flooding...
Floods Could Cost Germany 12B Euros in Economic Damage: Fitch June 12, 2013 Floods that have devastated parts of southern and eastern Germany could briefly impede growth in Europe’s biggest economy, an industry...