20 June 2013Insurance

German flood losses estimated at €4bn

Catastrophe modelling firm AIR Worldwide estimates insured losses in Germany from the recent floods in central Europe will be between €4 billion and €5.8 billion. The overall economic impact is expected to be much higher. While the worst damage has already occurred, this flood event is ongoing.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Slower claims closures mask $16bn US commercial auto loss: AM Best

20 October 2026 Claim severity rises twice as fast as inflation as legal fights drag on.

Big transformation brings a bigger insurance opportunity in Europe: Lloyd’s

19 October 2026 Central Europe’s infrastructure boom creates new opportunities for insurers.

Howden expands European leadership as business grows across 30 countries

19 October 2026 New CEO will build on five years of growth from 11 countries to 30, with 6,000 staff.

More articles

Cedants extracting increased value from the reinsurance product: Aon

Starting fresh: Willis Re bets on entrepreneurial, analytics-led broking in Germany

Abundant P&C capacity shifts growth opportunity to new demand, say Everest Re leaders

Non-peak perils demand a new balance between retained and ceded risk: MS Re

Interconnected risks and new capital increase relevance of structured solutions, Swiss Re says

AI can help close re/insurance blind spots; sharpen growth, risk and returns – mea

Europe’s changing flood reality is creating a new challenge for insurers

Slower claims closures mask $16bn US commercial auto loss: AM Best

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze