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22 August 2023Insurance

Insurance losses from Italy’s Emilia-Romagna flooding jump 30%

Catastrophe insurance data firm PERILS has released its second assessment of industry losses arising from the May 2023 floods in the Emilia-Romagna area of Italy, representing a 30% increase on the estimate from last month.

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More on this story

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22 November 2023   The loss figure covers the property line of business.
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17 August 2023   Damages stem 54% from personal property lines and 46% from commercial lines.
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18 May 2023   New Zealand now at record NZ$3.7bn in insured losses from the two sequential major events.