“Significant damage” expected from devastating European floods
Catastrophe modelling firm Eqecat has warned the industry to expect significant damage from the floods that have inundated Germany, Austria and the Czech Republic over the past week.
Eqecat said the extent of the financial damage was not yet clear given the large geographic reach of the major river systems of the Danube, Inn and Vltava, as well as the possibility of further
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