Central Europe floods could cost up to $3.3bn in insured losses: Gallagher Re
Reinsurance News - Sep 18, 2024
Global reinsurance broker Gallagher Re estimates that the insured losses from the severe floods in central Europe, which occurred mainly from September 12-15, are likely to range between EUR 2.0 to 3.0 billion (USD 2.2 to 3.3 billion). A slow-moving low-pressure system caused continuous rainfall acr...
Recommended Articles
Posted: Apr 02, 2026
US cyber reinsurance rates fell around 32% during the April 1 renewals, impacted by a surge in exces...
Posted: Apr 02, 2026
Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has appointed Jukgrid Tr...
Posted: Apr 02, 2026
Markel, the insurance operations within Markel Group Inc., has announced the appointment of James Sh...