Billions in Damages From Catastrophic Central European Flooding

Central Europe’s worst flooding in many decades has left the region in shock, with corridors of destruction carved across the landscape of western Germany and eastern Belgium.

More than 200 people have died – at least 170 in Germany and 36 in Belgium – making it Europe’s deadliest flood since 1985, and Europe’s 10th-deadliest flood in the past 100 years.

Over 200 people remain missing, and the death toll may grow higher.

The last flood to take so many lives in Germany was the massive North Sea coastal flood of 1962, which killed 347 people.

A multi-billion-dollar damage toll is assured, with huge amounts of infrastructure in ruins. Insurance broker Aon is estimating damages will exceed $10 billion, making it the costliest European flood disaster since the $13.2 billion 2013 Central European floods.

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