Natural disaster losses for insurances in 2021
Munich RE today presented a global perspective to natural disaster losses for insurances in 2021. The company puts the total losses from natural catastrophes at around 246.1 billion euros. Hurricane …
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Total losses caused by recent storms in Germany between 200 and 250 million euros
Insurance weather expert MeteoIQ expects losses of around 200 to 250 million euros from the two storm lows “Klaus” and “Luis,” which caused stormy weather in Germany, especially on Thursday …
Storm Klaus kicks off stormy days
On 11 March 2021, the powerful low-pressure system “Klaus” moved from the northern tip of Scotland across the North Sea towards Scandinavia and brought gale-force winds to Germany. Stormy winds …
MeteoIQ joins EMS as Associate Member
MeteoIQ has become an Associate Member of the European Meteorological Society. The EMS Council accepted the application of the company and welcomes MeteoIQ. Bert Holtslag, EMS President, is delighted: “As …
Exceptional drought in April 2020
April 2020 was exceptionally dry and sunny in large parts of Europe. Already in March little or no rain had fallen in a corridor from eastern France to the North …
German Federal Court of Justice ruling on the DWD WarnWetter-App – what does this mean for the weather market?
In its ruling of 12 March 2020, the German Federal Court of Justice decided that the Deutscher Wetterdienst (Germanys National Meteorological Service) may offer its WarnWetter-App free of charge and …
Weather-related insured damage in 2019 in Germany slightly below average
The German Insurance Association (GDV) today presented a first claims balance for Germany for the year 2019. With EUR 3.2 billion insured losses this year was slightly lower than the …