Spanish nat cat scheme CCS to pick up historic Valencia flooding losses
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Spanish nat cat scheme CCS to pick up historic Valencia flooding losses

Flash flooding in Spain has killed at least 64 people, leaving thousands of homes without power.

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Group of paramedics and police in a circle during an intervention in a traffic accident

Consorcio de Compensación de Seguros (CCS), a Spanish public nat cat insurance scheme, has confirmed it will pay out damages as a result of the “extraordinary” Valencia flooding.

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