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Hannover Re, the world's third- largest reinsurer, said it expects higher rates for insurance and reinsurance in Germany following this year's flooding and hailstorms, which led to the most costly ...
Hailstorms in northern and southern Germany in July will generate a claims burden of approximately $240 million for Swiss Re, the company announced Monday. That figure is net of retrocession and ...
Losses for the severe hailstorms that hit Germany in late July are estimated to be as high as $2 billion, making it one of the 10 costliest natural disasters in German history, according to ...
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