Perils pegs German flood industry losses at EUR1.6bn
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Perils pegs German flood industry losses at EUR1.6bn

Most of the losses occurred in Bavaria and Baden-Wuerttemberg.

By Jai Singh
July 18, 2024
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Perils has pegged industry losses arising from the recent German floods at EUR1.568bn ($1.7bn).

The Zurich-based firm said its initial estimate for the floods that occurred between 31 May and 6 June includes losses from property lines of business.

Most

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