Monday 17 June 2013

German insurance company pays the price for recent flooding

Insurance Insight published a report today saying that German reinsurer Hannover Re said today its net loss from the recent flooding in Central Europe could exceed €100m.


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

1 comment:

Sam Smith said...

i discovered this weblog after a long time that's clearly beneficial to allow understand unique techniques. i'm going to adopt the ones new issue to my career and thankful for this assist. application helix videotron