Sweden: huge insurance bill for Malmö floods
The recent floods in Malmö are estimated to have cost at least SEK 250 million, Swedish Radio News reports.
Three of the largest insurance companies have so far received over 4400 claims, and they are continuing to come in.
Sweden’s third city was hit by flash-floods caused by heavy rain two weeks ago, which trapped cars and buses on the roads and inundated homes and businesses. 900 of the claims relate to damaged cars.
Sweden’s weather service failed to issue weather warnings for the torrential rain.
“It is totally exceptional! People that have worked a long time with insurance in Skåne say that it is the worst they have ever seen”, Ingemar Helgesson from the Länsförsäkringar Skåne insurance company told Swedish Radio News.
Related stories from around the North:
Canada: Fighting to protect bird habitat in North America’s boreal forest, Eye on the Arctic
Finland: Investment in forestry returning to pre-crash levels in Finland, Yle News
Russia: Counting elusive Finnish forest reindeer in Russian Karelia, Yle News
Sweden: Farming, forestry and climate change in Sweden, Radio Sweden
United States: Farm flourishes on Alaska tundra, Alaska Dispatch