In the aftermath of the costly deluges of 2021, European banks and insurers face a settling of accounts
Flooding in Altenahr, Germany on July 15, 2021. Martin Seifert via Wikipedia As parts of Europe are still recovering from last summer’s devastating floods, the European Central Bank (ECB) is assessing how commercial lenders would react if flood-prone property were to suddenly lose nearly half of its value. . LastRead More →