Zurich adds 260 million dollars to summer flood bill

ZURICH (AFP) — The Swiss insurance group Zurich Financial Services said Tuesday that it expected that claims from floods in Britain in July would reach up to 260 million dollars.

That would bring Zurich's total claims estimate for summer floods in Britain up to about 660 million dollars, including an earlier figure of 400 million dollars due to floods in northern and central England in June.

The latest 260 million dollar estimate related to floods on July 20 to 23 in southern England, the company said in a statement.

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