Floodwaters in Germany May Have Caused Over €6 Billion in Damage to Homes, Offices, and Infrastructure

By Anna Breuer on 25 July 2021
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Deutsche Bahn, Germany’s national railway operator, said that last week’s flash floods caused at least €1.3 billion ($1.53 billion) to its network, while the deutsche Versicherungswirtschaft, or German Insurance Association estimated that there had been as much as €5 billion in insured losses in Rheinland-Pfalz and Nordrhein-Westfalen provinces.

The death toll in Germany – at least 180 people – is the highest from a natural catastrophe there since a deadly Nordsee flood in 1962 that killed some 340 people. A further 31 people died in neighboring Belgium, bringing the total count thus far to 211.

The floodwaters have left over 114,000 homes in Germany without electricity and mobile phone networks were brought down in many parts of the affected areas by the flash floods.

Damage from the floodwaters is likely to exceed the €4.65 billion figure recorded after a deluge in August 2002.

The estimate does not include possible insurance claims from flood damage in two other provinces, Bayern and Sachsen.

Meanwhile, the Bahn said that more than 50 bridges, 180 level crossings, 1,000 electric and signal masks, and nearly 40 signal boxes in addition to energy and lighting systems and station elevators were damaged.

(Photo: Accura Media Group)

Accura News

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