Wustenrot expects reinsurance to reduce its flood losses

Share!

Business Insurance - Aug 20, 2021

German insurer Wustenrot & Wurttembergische AG estimates €400 million ($470.5 million) in gross losses from the July floods in Germany, but expects its reinsurance program to reduce the net impact....

Read Full Article

Recommended Articles

South Korean insurers post combined net profits of nearly $6 billion

Posted: Aug 22, 2023

South Korean insurers’ combined net profits increased to around 8 trillion South Korean won ($5.95 b...

P&C insurance market sees reduced capacity on risks

Posted: Aug 22, 2023

According to a new report from Aon PLC, South Africa’s insurance market is continuing to see reduced...

Latin Re obtains license to operate in Lloyd’s marketplace

Posted: Aug 22, 2023

Independent insurance brokerage Latin RE is the first Brazilian broker to get a license to operate d...