Spain floods News

Spain’s Floods to Cost Insurers More Than €1 Billion: Morningstar DBRS

Southern Spain’s devastating floods are expected to cost insurers well above €1 billion ($1.1 billion), given the significant damage to people, properties, vehicles and businesses as well as to the region’s agriculture sector, according to a commentary published by Morningstar …

Deadly Spain Floods Show Difficulty of Adapting to Intense Rains

Floods that killed more than 150 people in eastern Spain this week were caused by a storm that dumped a year’s worth of rainfall in less than 24 hours. The tragedy has raised questions about whether earlier warnings could have …

Spain Declares Three Days of Mourning as Storms Kill More Than 90

Spain declared three days of mourning as heavy rains killed more than 90 people, in what is already one of the country’s worst-ever natural disasters. The local government of Valencia, the coastal region at the epicenter of the disaster, said …

Spain Reports 62 Dead After One of Century’s Worst Storms

More than 60 people died as eastern Spain was hit by one of the worst storms in decades on Tuesday night. The storm is “one of the three strongest in the last century in the region of Valencia,” the Spanish …

Record Rainfall, Floods Across Globe Generate Billions in Economic Damages: Aon

November was a wet month in many countries across the globe, with heavy rains and flooding causing billions of dollars of economic losses, according to Aon’s monthly Global Catastrophe Recap report, which each month evaluates the impact of global natural …

Spanish City of Zaragoza Braces for Flooding From Ebro River

MADRID (AP) – Authorities in the Spanish city of Zaragoza braced Tuesday for a critical surge in the level of the Ebro River, after flooding further upstream in recent days was blamed for two deaths. The river’s flow rate climbed …