Losses from European floods could hit £3bn, says Swiss Re
Industry-wide insured losses on recent flooding in central and eastern Europe is expected to hit between $3.5bn (£2.4bn) and $4.5bn (£3bn), according to estimates by Swiss Re.
The high water levels experienced along the major central and eastern European river systems in recent weeks are expected to spark a claims burden for Swiss Re of approximately $300m (£201m), net of
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