Perils pegs industry loss for Italian flood at EUR377mn
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Perils pegs industry loss for Italian flood at EUR377mn

Zurich cityscape

Perils has estimated the industry loss for the floods that struck the Emilia-Romagna region of Italy in May at EUR377mn ($410mn).

The Italian government has estimated that the total economic loss of the flooding will be around EUR9bn, with around 50% of that due to damage to public infrastructure.

Italy

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