Allianz expects EUR900mn in Storm Bernd claims as loss picture emerges
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Allianz expects EUR900mn in Storm Bernd claims as loss picture emerges

Samuel Casey
06 August 2021
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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...

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News Claims and losses Allianz Property
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Samuel Casey
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