Heavy Rains Cause Record Flooding and Landslides across Central Europe: AIR Worldwide

Europe insurance industry Flooding and Heavy Rains

According to catastrophe modeling firm AIR Worldwide, Central  Europe has been inundated during the past several weeks with heavy and relentless rain, which has resulted in some of the worst floods seen in the area in more than  70 years. The floods have reached record levels, particularly in Germany, Austria, and the Czech Republic. Switzerland, Hungary, Slovakia, and Poland are also  affected. The heavy rains are resulting in landslides in many mountainous areas, while in the floodplains, which were already saturated due to rains in previous weeks, river levels rose…

Read More