Perils lowers loss estimate for Italy floods 3% to EUR495mn
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Perils lowers loss estimate for Italy floods 3% to EUR495mn

The total economic cost from the catastrophe is estimated to be EUR9bn.

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Perils has pegged the industry-wide loss for the floods in the Emilia-Romagna region of Italy in May 2023 at EUR495mn ($538mn).

Its

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