The floods that affected the south-east of France in November and December caused insured losses with an estimated total cost of 390 million Euros.
Insurers have already received more than 42,000 claims following the floods that struck the South-East on 22-24 November and 1 and 2 December this year. This figure could rise to 57,000 claims for the two events, with a total cost of insured damage estimated at 390 million Euros.
On 6 December, insurers estimated the total cost of these periods of extremely heavy rain which hit the departments of Alpes-Maritimes and Var at 390 million Euros.
This figure, corroborated by the numerical modelling of the events carried out by the French public-sector reinsurer, the Caisse Centrale de Réassurance (CCR), is made up of damage caused to homes (54%), vehicles (12%) and business property (34%).
Insurers are helping insured parties through this difficult time in each of the departments affected by these extreme weather events.