central Europe floods Archives - Carrier Management

Insured Damage from European Floods Will Near $3.8B, Says Munich Re

Flooding in Europe last month will cause more than 12 billion euros ($15.5 billion) of damage, the year's most expensive natural catastrophe, according to Munich Re, the world's biggest reinsurer. ...

Floods Could Slow German Economy; Fitch Estimates Damage at 12B Euros

Floods that have devastated parts of southern and eastern Germany could briefly impede growth in Europe's biggest economy, an industry body said, while ratings agency Fitch said the economic cost ...

Economic Damage to Far Exceed $2.65B Insured Losses From Europe Floods

The losses insurers face from the worst flooding in central Europe since 2002 may be lower than those resulting from the deluge 11 years ago even as the toll on local economies looms larger. Insured ...