shutterstock_503472703

19 June 2024Insurance

Insurers face up to €3.6bn in claims on German floods, Verisk warns

Insurers will likely face a price tag of between €2.4 billion ($2.6 billion) to €3.6 billion ($3.9 billion) from floods that washed out southern Germany from May 15 to June 5, global data analytics provider Verisk’s extreme event solutions unit has estimated.

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 Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

The 2024 Atlantic may be high activity, need not be high loss: Verisk

22 May 2024 Sea surface temperatures are so far above trend as to run outside the hurricane models.

Risk Management

Verisk pioneers next-gen models transforming catastrophe risk assessment

9 April 2024 New models can anticipate extreme events insured losses ‘more accurately than ever before’.

Verisk appoints Vantage Risk and former AXA XL CEO to board

3 April 2024 The executive brings over 30 years of re/insurance experience to the role.

More articles

Allianz Commercial flags rising nuclear verdicts on loss trends watchlist

Zurich may slash life segment reinsurance buys to hold more margin

Markel snags Aegis London underwriter to bolster marine cargo portfolio

ACORD taps London market specialist to guide growth strategy

Aon lifts long-serving insider for global data and analytics push

Zurich targets mid-market and specialty in commercial growth plan

RGA inks $4.1bn coinsurance transaction with Manulife’s John Hancock

Aon’s NFP boosts New York footprint with employee benefits acquisition

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