Routine weather fluctuation could hit EU economy for €406bn
New figures from Allianz Global Corporate and Specialty have revealed that even mild changes in weather could hit EU businesses hard, forecasting an average annual impact of €406bn
Costs from weather variance can be more than three times those of natural catastrophe losses, the insurer found.
Unusually cold conditions in 2010 saw UK retail sales fall 1.4%, with retailers
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