German Floods Will Be Expensive but Unlikely to Burn Through Insurers’ Earnings: Fitch July 20, 2021 The recent severe floods in Germany could add up to 5 percentage points to German non-life insurers’ net combined ratios...
Death Toll from European Floods Rises Above 180 July 19, 2021 By Geir Moulson The death toll from flooding in Western Europe climbed above 180 on Sunday after rescue workers dug deeper into debris...
Germany Reels from Flood ‘Catastrophe’; Insurers Expect Costly Claims for 2021 July 16, 2021 By Stefan Nicola and Birgit Jennen Chancellor Angela Merkel pledged swift help backed by “all the power of the state” for people affected by devastating flooding...
Storms Cause Heavy Flooding Across Parts of Western and Central Europe July 15, 2021 Storms caused heavy flooding across parts of western and central Europe overnight, with one man missing after being swept away...
Study of European Flood Trends Finds North-South Climate Variances August 29, 2019 By Eric Roston European river flooding has grown more intense in northwestern Europe and decreased in the south over the last half century,...
Storms, Torrential Floods Lash Sicily, Killing at Least 12 People November 5, 2018 By Frances D'Emilio Storms lashing Sicily have killed at least 12 people with torrential floods, Italian authorities said as the country’s leader headed...
Climate Change Altering River Flood Patterns in Europe: Study August 14, 2017 By Frank Jordans Climate change is affecting the timing of river floods across Europe and societies may have to adapt to avoid future...
Climate Change Is Major Concern for 78% of SMEs: Zurich Report November 4, 2016 Climate change is a major concern for small and medium-sized enterprises (SMEs), according to Zurich Insurance Group’s fourth annual global...
RMS Releases Suite of Europe Inland Flood Risk Data to Open U/W Opportunities August 22, 2016 RMS, the Newark, Calif.-based catastrophe risk management firm, has released a suite of Europe inland flood hazard data products. Describing...
Allianz Q2 Profit Drops 46% on Nat Cat Claims, Expected Sale of South Korea Unit August 5, 2016 By Oliver Suess Allianz SE said second-quarter profit almost halved, missing estimates, as Europe’s biggest insurer faced higher claims from natural disasters and...