Floods which hit Croatia in mid-May have caused an estimated €224.5m (£160m) in economic losses, according to the local Hina news agency.
The UK has been ranked 20th in FM Global's 2014 survey grading countries on their resilience to supply chain disruption.
The European Bank for Reconstruction and Development estimates the cost of damage as the result of horrific flooding will be well over €2bn.
While the economic turmoil of the Eurozone crisis and heavy catastrophe losses eroded the bottom line of many European insurers in 2011, Vienna Insurance Group enjoyed the most profitable year in the group’s history, and avoided having its A+ credit…
Uniqa group as increased it premiums by 4.4% to €5.37bn (2010: €5.14bn) and in the growth markets in Eastern Europe by 6.5% €1.08bn (2010: €1,02bn).
The Vienna Insurance Group is the new majority shareholder in Jahorina Osiguranje AD Pale insurance company.
The Vienna Insurance Group has broken into the Bosnia Herzegovina market by acquiring a majority stake in the insurer Jahorina Osiguranje AD Pale, subject to regulatory approval.
Bosna Reosiguranje dd Sarajevo has received a financial strength rating of B+ (Good) and issuer credit rating of “bbb-”, with a stable outlook for both.