Photo: Michael Probst/AP Floodwaters in Heidelberg, Germany, Monday, June 3, 2024. Moody's predicts billion in insured losses. (Credit: Michael Probst/AP)

Insured losses for recent flood victims in Germany will likely fall between €2 billion and €3 billion, or $2.1 billion and $3.2 billion, according to data compiled by Moody's RMS Event Response.

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Joe Toppe

Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.