Gallagher Re Cat Analytics team addresses the torrential rains and flooding that impacted many Arabian Gulf countries in April.

Πέμπτη, 13 Ιουνίου 2024 14:25

Heavy flooding has generated widespread inundation and significant losses across the southeastern Arabian Peninsula and surrounding regions. As a result, an influx of motor, commercial and business interruption claims are anticipated.

  • Torrential rains and flooding impacted many Arabian Gulf countries between April 13-17.
  • Multiple locations received more than a years' worth of rainfall in less than 24-hours, with at least 33 fatalities reported.
  • Flood waters damaged numerous homes and business and overwhelmed vehicles and roadways.
  • The heaviest rainfall for the UAE in 75 years and losses are going to hit reinsurance programs.

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