European Floods in Mid-July Cost Insurers $12B, Topping Non-U.S. Events in 2021

The most significant non-U.S. loss event in 2021 was the mid-July flooding in Western Europe, according to CRESTA, the Zurich-based insurance industry organization that provides a global standard for risk aggregation zones and catastrophe industry losses. This event generated a …

from News – Insurance Journal https://ift.tt/3qLvSee
via IFTTT