Perils has updated its industry-loss estimate for the September floods in Central Europe and Italy to EUR2.19bn ($2.4bn).
The flooding comes months after a powerful storm in Spain destroyed communities, including in Valencia and Malaga. In November, torrential rains and flash flooding meant thousands of residents had ...
T his surge of water during a spring tide, no less, overwhelmed the Dutch flood defenses at the time. Almost 500 breaches were punched in flood-control dikes, allowing the North Sea to spill ...