Reinsurers bullish on 1.1 increases as EUR10bn+ Bernd loss looms
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Reinsurers bullish on 1.1 increases as EUR10bn+ Bernd loss looms

Storm in Hesse

Reinsurers are gunning for rate hikes on European property business as this year’s autumn renewal season kicks off, as sources estimate that July flooding in central Europe will breach EUR10bn ($11.8bn).

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