It never rains but it pours: AIR
Yörn Tatge, senior vice president & director, AIR Worldwide
The July floods in Germany and Northern Europe are a key talking point at Baden-Baden. It is easy to see why. In Germany alone, insured losses are estimated at €7 billion ($8 billion) by the German Insurers Association. On top of that, there could be up to €2 billion losses from Belgium and other additional losses from Luxembourg, the Netherlands, Switzerland, and elsewhere.
Baden Baden 2021, AIR Worldwide, Floods, Insured Losses, Catastrophe, Insurance, Reinsurance, Yörn Tatge, Europe, Global