European hailstorms News

Storm Warnings Issued Across Southern Europe – From Italy to Serbia

Thunderstorm alerts are in place for a swath of Europe from the south of France to the Balkans. There are orange warnings for Lombardy, Piedmont, Tuscany and Umbria in Italy, as the summer heat gives way to violent storms. Serbia …

Storm Warnings in Place Across Europe, From Northern Greece to Poland

Thunderstorm alerts are in place for a swath of Europe from Poland and Hungary to Italy and Greece. There are orange warnings for northern Greece, as the summer heat gives way to violent storms and the risk of flooding. Serbia …

Global Natural Catastrophe Insurance Losses Estimated at $112B in 2022: Carpenter

Global insurance losses for natural catastrophes are projected to reach $112 billion in 2022, reinsurance broker Guy Carpenter said on Friday, driven by the impact of Hurricane Ian which hit Florida earlier this year. Flood and hail in Europe, Australian …

Natural Catastrophes Cost $150B in 2019, with Insurers Paying $52B: Munich Re

Natural catastrophes caused overall losses of US$150 billion during 2019, including insured losses of about US$52 billion, which matches the average of the past 30 years, according to Munich Re’s catastrophe update. The reinsurer said the protection gap (the difference …

Munich Re’s 2014 Nat Cat Review Highlights Low Loss Levels

Munich Re’s review of losses caused by natural catastrophes in 2014 confirms that it was indeed another benign year for the re/insurance industry. “The absence of very severe catastrophes and a quiet hurricane season in the North Atlantic meant that …

Amlin First-Half Profit Drops as Catastrophe Losses Widen

Amlin Plc, the second-biggest Lloyd’s of London insurer by market value, posted an eight percent drop in first-half pretax profit on losses from foreign exchange and natural catastrophes. Profit declined to £148.5 million ($248.5 million) from £161.4 million [$270 million] …