In line with the end-of-the-year tradition, Guy Carpenter has published its own list of most significant events of 2010 focusing on catastrophes. The following lines attracted my attention: "Central and Eastern Europe was hit by two waves of flooding in May and June, triggering insured losses of at least USD280 million", GC experts noted.
Considering the total volume of non-life premiums generated in the region this year should be around USD65-70 billlion, the loss figure seems indeed quite signficant. So I have decided to include the floods into our top list, bringing the events to 11. Since we are heading into the year 2011, the update is not only logical, but will look good on the screen as well :)
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