Insurers say the Netherlands must strengthen its preparation for extreme rainfall, and they urge the government to introduce a national, statutory flood standard. The Dutch Association of Insurers says new homes and commercial buildings should cope better with heavy rainfall.
Five years ago, severe floods hit Limburg and caused major damage. Homes, shops, and other businesses suffered heavy losses in July 2021. Many residents faced long uncertainty because compensation rules were unclear. As a result, insurers paid 211 million euros in claims.
Since then, more insurers have started covering damage from flooding of streams and smaller rivers. Even so, the sector says the Netherlands must focus more on preventing damage. It argues that the country should build in smarter and more climate‑resilient ways. For example, builders can use materials that resist water more effectively.
Moreover, insurers want clearer information for people and businesses about their flood risks. They say authorities must arrange damage‑handling procedures before a major disaster. “When water is flowing through the streets, you don’t want a discussion about different departments or responsibilities,” says Geeke Feiter, Director of Claims at the Association.
A new report from credit insurer Allianz Trade shows that the Netherlands faces high economic vulnerability to flood risk. Germany, Belgium, Italy, and Croatia face similar exposure. Furthermore, economic damage from floods in Europe rose from over 63 billion euros between 2000 and 2009 to nearly 90 billion euros in the period 2020–2025. Only part of this damage is insured.
@ANP | News Brainport
