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Flood defences save Hamburg €17.5bn

13 February 2012

Munich Re estimates that investments into flood defences have had a net positive effect of roughly €15bn over the last fifty years.

Read more: Hamburg Germany Europe Flooding Munich Re

Defences erected to mitigate floods in the city of Hamburg have saved €17.5bn, according to a study conducted by Munich Re.

The reinsurer conducted the analysis to mark the 50 year anniversary of severe floods in which storms drove the waters of the river...


30 July 2014

In this week's issue:
First-half results from Beazley
Miami as LatAm access point
Delotte responds on FSI
Liberty issues $750m bond 

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