Like the waters of the Danube and t...

Like the waters of the Danube and the Elbe, estimates of insured losse from flooding in Europe have been rising steadily since the series of August inundations that sent rivers over their banks across Central Europe if it were not that the final total, while substantial, considers unlikely to swamp insurers as badly as the inundation waters inundated cities in Germany, the Czech Republic and Austria.

The insured losse appear likely to exce 2 billion euro (approximately $2 billion), with a estimates reaching as high as $4 billion, based upon figures released by insurers and reinsurers across the region. Simon Foessmeier, an analyst at