Free Trial Corporate Access
Reactions Copying and distributing are prohibited without permission of the publisher

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...


  

            April 2015 
In this month's Reactions
Lloyd's opens in Dubai
Navigators' Stan Galanski
Multaqa: full report
Risk managers raise their game


View this issue


For more catastrophe reports, data and news, click through to the RMS/Reactions Catastrophe Centre.