Insurers brace for losses following European flooding
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FIGSenior Debt

Insurers brace for losses following European flooding

German Floods Alamy 575x375 19Jul21

Insurers and reinsurers are expecting to take multi-billion euro losses as a result of the recent floods in core Europe. Firms could make record payouts, which are likely to drag on otherwise strong results in the first quarter.

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