Spain’s October Flash Floods Cause €40M in Agricultural Losses, Insurance Payouts Reach €712M
The October 2024 flash floods in Spain struck one of the most active agricultural regions in the country just weeks before the citrus and persimmon harvest, Agroseguro, the Spanish group of insurance companies for combined agricultural insurance, said.
Between October 29-31, the region received more rainfall than in the rest of 2024. Including this event, other storms, rainfall, and wind caused total damage valued at €261 million in 2024.
The damage was extensive...
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