Flood losses rise
Recent catastrophic floods such as those in central Europe have affected many (re)insurers' motor portfolios. Adrian Leonard wades through the deluge and suggests that motor (re)insurers should be reassessing flood risk.
As European insurers scramble to place reinsurance treaties for 2002,one question is commonplace: how will flood be treated? The answer, more
often than not, is in a different way than it was
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