Valencia Floods 29/10/24, 2024
Insurance is all about figures.
As an insurance professional with 40 years experience,
I have tried to estimate the last week’s tragical loss, the flood in Valencia on 29th October.
Herein, I will explain how I have arrived at the loss estimate of 1 billion euros.
What I can not explain is why the Autonomy is asking for aid of 31 billion…
Here we go!