Economy News Extra Environment Foreign Insurance & Pension Latest News Water

Aon Estimates Europe Floods Losses Could Surpass $10Bn

Aon, a leading UK-registered professional services firm, has projected that economic losses from the recent severe flooding across Europe could likely exceed US $10 billion. The brokerage firm’s another data indicated that the impacts of the devastating floods, which hugely damaged parts of Central and Western Europe this month, with Germany the country worst affected, […]

Economy News Extra Environment Foreign Insurance & Pension Latest News Water

European Floods To Heighten Insurance, Re-Insurance Losses – Experts

Industry experts have expressed serious concerns that ongoing severe flooding incidents across some countries in Europe could become one of the most expensive flood episodes in risk underwriting history in the continent, with the insurance and reinsurance industry expecting billion Euro industry losses. A news report by artemis.bm, a catastrophe bonds, insurance linked securities, reinsurance […]