Insurers saw the third most expensive year for natural catastrophe losses in 2024 – reaching a total of US$140 billion...
Germany floods News
Floods ripped through central Europe killing at least 17 people, as governments across the region took emergency measures and prepared...
The recent floods in southern Germany will cost insurers an estimated €1.568 billion (US$1.7 billion), according to PERILS, the independent...
Estimated insured losses from flooding, which hit Southern Germany on May 15-June 5, will range from €2.4 billion (US$2.6 billion)...
Insured losses from floods that hit Central Europe between Thursday, May 30 and Monday, June 3 will likely fall within...
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 again caused high insurance claims this year, with an estimated price tag of €4.9 billion (US$5.4...
The most significant non-U.S. loss event in 2021 was the mid-July flooding in Western Europe, according to CRESTA, the Zurich-based...
German reinsurance companies Munich Re and Hannover Rueck said on Monday they expect rising prices for their business in Europe...
German insurers face claims of about 11.5 billion euros ($13.6 billion) in 2021 after extensive flooding and hail storms, Germany’s...