June Central Europe SCS & flooding drive hundreds of millions in insured losses

17.06.2024 631 views

The recent severe convective storms and flooding that have affected multiple countries in Central Europe since June 6 are expected to result in economic and insured losses amounting to hundreds of millions of EUR, according to Aon’s weekly catastrophe report.

Aon highlighted a multi-hazard event occurring from June 7-9 in eastern Austria, where heavy rainfall triggered flash flooding, causing widespread damage.

In Deutschfeistritz, Styria, 100 mm of rain fell within a few hours, leading to a flash flooding event described as a 1-in-300-year occurrence. This event swept cars away and inundated dozens of homes. On June 8, various parts of Burgenland also experienced localised flash flooding.

The situation prompted a state of emergency in Styria’s Hartberg-Fürstenfeld County. From June 8-9, Styrian fire services responded over 980 times, with around 130 operations in Graz alone.

The region also experienced multiple hailstorms, including incidents of 6-cm (2.4-in) hail between Deutschlandsberg in Styria and Maribor in Slovenia on June 7, and again on June 9 between Vienna and Wiener Neustadt, as well as around Hartberg and Oberwart. During one of these storms, an aircraft en route to Vienna sustained damage from large hail shortly before landing.

Additional hail and wind-related damages were reported across several other countries. On June 9, a tornado in Narda, Hungary, damaged several houses. Eastern Slovenia, particularly around Maribor, also saw significant hail-related damages. Hailstorms affected parts of western and southern Slovakia as well.

The Balkan region also felt the impact, with damaging wind gusts and large hail up to 5 cm (2 in) in diameter reported in Romania. Severe thunderstorms accompanied by intense winds and hailstones as large as 7 cm (2.8 in) in diameter caused motor and crop damage in parts of Bulgaria.

Southern Germany, still recovering from recent floods, also experienced hail-related damages on June 8-9.

Aon concludes, “Aggregated economic and insured losses from the thunderstorm activity across multiple European countries are estimated to reach into the hundreds of millions of EUR. A particularly costly episode occurred in Eastern Austria on June 8-9, with hailstorms in Germany, Slovenia, Switzerland and elsewhere incurring additional losses.”

Source - https://www.reinsurancene.ws

03.06.2026

Canada - AFSC extends several northern Alberta seeding dates for 2026

Alberta’s Agriculture Financial Services Corp. (AFSC) is extending the recommended seeding dates in the province’s northeast, northwest and Peace regions for several crops for the 2026 growing season only.

03.06.2026

India - Elephants run amok in Konaje agricultural farm, cause massive crop damage

A herd of elephants, including calves, wreaked havoc on an agricultural farm belonging to Yashodhara Gowda at Pallattadka in Konaje village of Kadaba taluk.

03.06.2026

USA - Up-and-down spring temperatures blamed for millions of dollars in crop damage in Virginia

Spring as a whole tilted very warm, but it was interspersed with short but sharp cold spells. Drought also continues.

03.06.2026

India - After year-long battle, Bhiwani, Charkhi Dadri cotton farmers set to get Rs 255-cr claims

In a major relief to cotton growers of Bhiwani and Charkhi Dadri, the Haryana State Grievances Redressal Committee (SGRC) has directed Kshema General Insurance Company to settle crop insurance claims worth nearly Rs 255 crore on the basis of actual average yields recorded through Crop Cutting Experiments (CCEs).

03.06.2026

Nepal - Govt unveils incentives to boost agricultural productivity

As the country spends billions of rupees on agricultural imports to meet domestic demand, the government has prioritised reviving the agriculture sector through reforms and incentive programmes aimed at boosting productivity, commercialisation, and profitability.

03.06.2026

Spain - Castilla-La Mancha will soon communicate the definitive aid for Operational Groups to 42 pilot innovation projects

The Ministry of Agriculture, Livestock and Rural Development will issue in the coming days the final resolutions of the Operational Groups aimed at pilot innovation projects. 

02.06.2026

Canada - Producers urged to contact SCIC over crop insurance seeding deadlines

It’s been a stressful spring for some farmers as wet conditions and delayed seeding put the growing season behind schedule. 

02.06.2026

India - Apple growers’ hopeful as Govt revives weather-based CIS plan

The Jammu and Kashmir government’s decision to revive a weather-based crop insurance scheme has sparked fresh hope among apple growers, many of whom have been demanding a reliable protection mechanism against mounting weather-related losses.