Insurers Expect Major Loss Event From Floods in Southern Germany June 4, 2024 Insurers are preparing for an above-average loss event as a result of floods in southern Germany. “The pictures from Bavaria...
Extreme Weather in Germany Costs Insurers US$5.4 Billion in 2023: GDV December 29, 2023 Extreme weather in Germany again caused high insurance claims this year, with an estimated price tag of €4.9 billion (US$5.4...
Cargo Thieves Target Electronics, Chemicals, Pharmaceuticals: German Insurance Study August 17, 2023 German transport insurers report a significant increase in stolen goods – with thieves targeting electronic devices as well as chemical...
German Insurers’ 2021 Claims Could Reach €11.5B ($13.6B) After Floods, Hail September 2, 2021 German insurers face claims of about 11.5 billion euros ($13.6 billion) in 2021 after extensive flooding and hail storms, Germany’s...
Insured Damage From Germany’s Deadly July Floods Estimated at €7B ($8.2B) August 27, 2021 Devastating floods in western Germany last month likely caused insured damage to the tune of about 7 billion euros ($8.2...
Insurance Claims from G20 Riots in Germany Could Hit $13.8 Million July 19, 2017 A group representing German insurers says the rioting that accompanied the Group of 20 summit earlier this month could cost...
Insured Losses from Europe Floods Estimated at $2.65B, Less Than in 2002 June 7, 2013 By Carolyn Bandel The losses insurers face from the worst flooding in central Europe since 2002 may be lower than those resulting from...