Gulf:Floods cause estimated insured losses of as much as US$2.4bn

By MEIR team | 13 Jun 2024

Total insured losses arising from the 2024 Gulf Floods event are estimated to exceed $1.6bn and could reach as high as $2.4bn for the UAE, of which Motor represents ~10%, according to an analysis by Guy Carpenter, with information available as of 30 May 2024.

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