Insured Losses from Central European Floods Range From US$2.2B to US$3.4B: Verisk October 2, 2024 Insured industry losses from the flooding in the Czech Republic, Poland and Austria in September 2024 will range from €2...
Central European Insurers’ Financial Strength to Remain Solid Despite Severe Floods September 25, 2024 By L.S. Howard The heavy rains and severe floods of Storm Boris, which inundated Central and Eastern Europe during the second week in...
Climate Change Made Europe’s Deadly Floods Worse and More Likely September 25, 2024 By Olivia Rudgard and Eamon Akil Farhat Record rainfall leading to flooding that killed 24 people in Europe earlier in September was twice as likely due to...
Update: Flood Death Toll Rises as Europe Counts Cost of Storm Boris September 16, 2024 By Eamon Akil Farhat, Marton Eder, Piotr Skolimowski and Krystof Chamonikolas Floods ripped through central Europe killing at least 17 people, as governments across the region took emergency measures and prepared...
AIR Expands Europe Inland Flood Model, Updates UK Storm Surge Analysis June 26, 2019 Catastrophe risk modeling firm AIR Worldwide announced it has released an expanded inland flood model for Central Europe to include...
Vienna Insurance Hurt by Spring Flooding Losses August 30, 2013 By Jonathan Tirone Vienna Insurance Group AG, Austria’s biggest insurer, reported second-quarter profit plunged after the worst central European floods in a decade...
AIR Estimates Insured German Flood Losses between $5.28 and $7.66 Billion June 20, 2013 Catastrophe modeling firm AIR Worldwide estimates that insured losses in Germany from the recent floods in Central Europe are between...
Hungary Contains Danube Flooding as German Dikes Bursts on Elbe June 10, 2013 By Zoltan Simon and Nicholas Brautlecht Hungary was set to contain the Danube river from overflowing in Budapest while the economic toll grew in eastern Germany,...
PERILS Provides Satellite Flood ‘Footprints’ for Central Europe June 10, 2013 PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data, announced the release of satellite-based flood footprints for...
Insured Losses from Europe Floods Estimated at $2.65B, Less Than in 2002 June 7, 2013 By Carolyn Bandel The losses insurers face from the worst flooding in central Europe since 2002 may be lower than those resulting from...