Swiss Re Insurance-Linked Fund Management

Xactanalysis Insights and PCS

hail

Share

German flood insurance losses likely EUR 1 billion: Fitch

7th June 2016

Insurance industry losses from recent floods in Germany will likely reach the EUR 1 billion ($1.14 billion) point, according to Fitch Ratings. The losses may weaken the underwriting profitability of the sector and, on top of losses in France and other European countries, are likely to hit some reinsurance layers.

Read the full article