German Insurance Association expects recent flooding to cost insurers around €2bn
Reinsurance News - Jun 10, 2024
The German Insurance Association (GDV) reported last week that torrential rains and flooding in Bavaria and Baden-Württemberg, between May 31st and June 4th, is expected to result in insured losses of around €2 billion (USD 2.15bn). The floods damaged homes, businesses, infrastructure, and farmland...
Recommended Articles
Posted: Oct 09, 2025
The United Services Automobile Association (USAA), a provider of insurance, banking, and financial s...
Posted: Oct 08, 2025
The U.S. workers’ compensation line of coverage remains a key driver of the profitability of propert...
Posted: Oct 08, 2025
Applied Systems has announced the next wave of innovation within its Applied Insurance AI™, which in...