Ireland braces for heavy flood claims after storms
(BestWire) — Insurers are bracing for heavy flood claims as a result of what reinsurance broker Guy Carpenter and Co has described as extensive damage in Ireland after “intense rainfall” on 16 and 17 Aug Reinsurance Magazine reports.
The flooding occurred in both Ireland and Northern Ireland. Guy Carpenter declined to offer a specific estimate of the likely insurance payout. It noted that the rain that caused the flooding was
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