Germany hailstorms Archives - Carrier Management

Hannover Re Sees Rate Hikes in Germany, Stable Rates Elsewhere

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 ...

Swiss Re to Pay $240M for German Hailstorms

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 ...

July Hailstorms in Germany Could Cost $2B: AIR Worldwide

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 ...