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Tag: 2021 natural catastrophes


Capital and Risk, Insurance

Big Europe Reinsurers See Strong 9M Earnings Despite High Natural Disaster Losses

November 15, 2021

Via: Insurance Journal

All four major European reinsurers reported a strong improvement in earnings for the nine months, compared to the same period last year, according to a report from Fitch Ratings. Sharply lower non-life, coronavirus-related claims, strong premium growth and resilient investment […]


Capital and Risk, Insurance

Munich Re, Hannover Re Expect Rising Prices After Floods in Germany

October 18, 2021

Via: Insurance Journal

German reinsurance companies Munich Re and Hannover Rueck said on Monday they expect rising prices for their business in Europe next year, citing mid-July floods in central Europe, inflation and the coronavirus pandemic. The floods in July alone caused damage […]


Capital and Risk, Insurance

Germany’s Floods Will See ‘Sizable’ Protection Gap. Could Insurance Demand Increase?

July 22, 2021

Via: Insurance Journal

With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany’s recent floods are likely to be significantly higher, which highlights a sizable insurance “protection gap.” This protection gap – or […]