European floods largest industry cat loss of 2021 to date at $11bn: Cresta
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European floods largest industry cat loss of 2021 to date at $11bn: Cresta

Luke Harrison
04 October 2021
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Stuttgart, Germany. 28th June, 2021. Drivers try to avoid the floods with their cars on Konrad-Adenauer-StraBe. A strong thunderstorm has swept across large parts of Baden-Wurttemberg, causing major damage. Credit: Andreas Rosar/dpa/Alamy Live News
Photo: Alamy

Extreme flooding in Western Europe in mid-July has generated the largest industry loss figure so far in 2021, at an estimated $11bn, according to Cresta’s Q3 Clix industry loss index.

The floods occurred between 12 to 18 July 2021 and mainly affected Germany, Belgium, the Netherlands and Luxembourg.

Austria, France, Switzerland and the United Kingdom were also affected, but to a much lesser extent.

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Luke Harrison
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