Estimated insured losses from flooding, which hit Southern Germany on May 15-June 5, will range from €2.4 billion (US$2.6 billion) to €3.6 billion (US$3.9 billion), according to Verisk, the data analytics and technology firm.
Moody’s RMS recently estimated insured losses in a slightly lower range — of €2 billion to €3 billion (US$2.1 billion to US