June 25, 2018 / 8:33 AM / 2 months ago

Recent floods cost French insurers around 430 million euros - insurance body

PARIS (Reuters) - A wave of floods and storms that hit France during the spring is estimated to have the country’s insurers some 430 million euros ($501.4 million), said the FFA French insurance federation on Monday.

There were flash-floods in Paris in May and June, while back in January heavy rainfall had caused the River Seine to engulf riverside walkways in the capital and had led the world-famous Louvre museum to close a basement display of Islamic art.

Reporting by Matthieu Protard; Editing by Sudip Kar-Gupta

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