New industry loss estimate for German floods at €1.59bn: Perils

The second insurance losses caused by flooding in Southern Germany between May 31 to June 6 has been estimated at €1.59 billion, representing a 1.4% increase from the initial estimate of €1.57 billion, according to catastrophe insurance data provider Perils.

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New industry loss estimate for German floods at €1.59bn: Perils

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