Spain’s nat cat pool receives 225,330 claims from record-flood loss

Morningstar predicts €4m loss and potential rate hikes

Sarah JollyDecember 16, 2024
Aftermath of flooding in Valencia, Spain
Aftermath of flooding in Valencia, Spain. Credit: Shutterstock/d13

Spain’s nat cat insurance pool believes losses from flooding in Valencia and other parts of the southeast at the end of October will total €3.5bn and has record 225,332 claims so far.
Consorcio de Compensación de Seguros (CCS...

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Sarah JollyDecember 16, 2024
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