Central Europe floods likely to drive insured losses of $2.8-$3.9bn: Moody’s RMS

Share!

Reinsurance News - Oct 02, 2024

Damages from severe flooding across Czech Republic, Austria, Poland, Slovakia, Hungary, Germany, and Italy between September 11th-19th is expected to result in insurance industry losses of between $2.8 billion (€2.5bn) and $3.9 billion (€3.5bn), according to catastrophe risk modeller, Moody’s RMS Ev...

Read Full Article

Recommended Articles

US P&C rating upgrades rise slightly in H1’25, downgrades hold steady: AM Best

Posted: Oct 23, 2025

In the first half of 2025, US property/casualty (P&C) insurers saw a slight increase in issuer c...

Delos expands wildfire coverage to 265,000 additional California homes

Posted: Oct 23, 2025

Delos Insurance Solutions, a property insurance managing general agent (MGA), has announced it will...

HDI expands presence in British Columbia with Rutherford’s appointment

Posted: Oct 23, 2025

HDI Global Canada (HDI) has announced the appointment of Ian Rutherford as Head of Pacific Region, E...