Spring floods cost French insurers €430m
A wave of floods and storms that hit France during the spring is estimated to have the country’s insurers some €430 million, Reuters reported on June 25 citing the FFA French insurance federation.
There were flash-floods in Paris in May and June, while back in January heavy rainfall had caused the River Seine to engulf riverside walkways in the capital and had led the world-famous Louvre museum to close a basement display of Islamic art, the Reuters report noted.
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