Allianz expects EUR900mn in Storm Bernd claims as loss picture emerges
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Allianz expects EUR900mn in Storm Bernd claims as loss picture emerges

allianz-flags-2.jpg

Allianz expects to pay out around EUR900mn ($1.1bn) in claims as a result of Storm Bernd, the freak weather event that impacted Europe in July.

The carrier made the disclosure in a call with journalists following the publication of its Q2 results, in which it said the storm was expected to have a EUR400mn impact on operating profits, implying a substantial amount of reinsurance...

Request a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article