In a statement released today the Talanx-owned reinsurer said: "Hannover Re has made an initial loss estimate based on its written reinsurance treaties. The company anticipates that its net loss may exceed €100m, but should remain significantly below €200m"
It added: "Hannover Re sees no threat to Group net income for 2013 despite flood losses."
If you are looking for insurance in flood affected areas of the UK visit our specialist Flood Damaged Property Insurance advertising page at http://www.jml-insurance.co.uk/types.php?id=81&sec=1
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