German floods could cost insurers up to €5.8bn
Historic floods in Germany are likely to generate insured losses of between €4bn and €5.8bn according to AIR Worldwide.
In Passau, located at the intersection of the Danube, Inn, and Ilz rivers, floodwaters hit their highest level since 1501, while the Saale River in Halle, Germany, reached its highest level in its 400
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