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HVRRY Hannover Rueckversicherung SE (PK)

41.11
0.00 (0.00%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Hannover Rueckversicherung SE (PK) USOTC:HVRRY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 41.11 41.11 41.11 0.00 01:00:00

German Insurance Assoc: German Insured Flood Damage EUR2 Billion

02/07/2013 2:18pm

Dow Jones News


Hannover Rueckversicherung (PK) (USOTC:HVRRY)
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German insurance association GDV said Tuesday insured damages from Germany's floods this year were slightly higher than in the 2002 flood of the Elbe River.

MAIN FACTS:

-GDV said insured damages this year amounted to 2 billion euro ($2.6 billion), above the EUR1.8 billion in damages incurred in 2002.

-The number of claims was also higher, at 180,000 this year, versus 150,000 claims in 2002.

-The amount of individual damage claims was a bit lower than in 2002, since many people were better prepared for the floods, GDV added.

 
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500 
 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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