Published: Thu 16 Nov 2023

Baloise expects ~CHF200mn negative impact from European weather events

Swiss insurer Baloise anticipates it will incur an “exceptional” negative impact of up to CHF200mn ($225mn) in its H2 earnings from weather events in the third quarter.

Insurance

Property catastrophe

Europe

Published: Thu 16 Nov 2023

Recoop agrees distribution deal with Bindable

Climate mitigation in focus for European corporates as property rates plateau

October floods add another C$110mn+ to Canadian cat losses

Baloise expects ~CHF200mn negative impact from European weather events

Want to read this article?

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

Ricky Lamey

Business development executive

Related articles:

Recoop agrees distribution deal with Bindable

Climate mitigation in focus for European corporates as property rates plateau

October floods add another C$110mn+ to Canadian cat losses

TWIA could need 43% more limit in 2025 to track exposure growth and depleted funding

Generali to include higher nat cat budget in next strategic plan following 9M24 hit

Neptune Flood: $8.2bn-$10.2bn NFIP losses expected in 2024 with loss ratio above 200%

Read more:

Bankruptcy judge throws out insurers’ suit against Zachry over $1.3bn gas explosion damages

Sub-Saharan Africa drives growth in global conflict-affected areas

Tradesman CUO Sanchez exits for construction role with RPS

Platinum Specialty closes in on deal to buy Flood-led management liability MGA Atri

Capital Z pays $240mn for minority stake in top-25 US broker Leavitt

Recoop agrees distribution deal with Bindable