Reinsurance protects Allianz from Storm Bernd losses
Garry BOOTHOctober 26, 2021
Although Allianz has lifted its gross estimate from European flood claims by +22% to €1.1bn, reinsurance appears to have limited the net loss to just €0.4bn, according to a note from analysts at investment bank Jefferies.
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Garry BOOTHOctober 26, 2021