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Law-Now 11 Jun 2024 · Brazil

Current floods in the south of Brazil: a quick overview of the largest natural catastrophe in the country’s history and its implications for the insurance and reinsurance markets

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Torrential rain in the very south of Brazil since the end of April 2024 has caused massive flooding across hundreds of cities in the state of Rio Grande do Sul.  In terms of affected area and economic losses, whilst the latter amount cannot yet be calculated...

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