European floods seen as largest industry loss of 2021

04-10-2021

European floods seen as largest industry loss of 2021

shutterstock/Jens Hertel

Extreme flooding event in Western Europe in mid-July has generated the largest industry loss figure in 2021, an estimated $11 billion, according to Cresta, a provider of global standards for risk aggregation zones and cat industry losses.


Cresta, Floods, Risk Management, Catastrophe, Insurance, Reinsurance, Matthias Saenger, Europe

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