Germany flood losses reassessed by PERILS at €1.582 billion

The €1.582 billion figure, while significant, is not unprecedented. Adjusted for today’s values, it is surpassed by other major floods in Germany, including the Elbe Floods of 2002, the Summer Floods of 2013, and the Ahrtal Floods of 2021. Based on a 24-year history, flood losses of this scale are expected to occur in Germany roughly every five to six years.

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