Storms Elvira and Friederike will dampen French and German earnings
Storms Elvira and Friederike will dampen the first half 2016 earnings of French and German insurers, though it is unlikely there will be any negative rating actions as a result, according to AM Best.
The storms, which battered the two counties between late May and early June, caused between €0.9bn and €1.4bn in insured losses for the French market and around €1.2bn for German insurers, AM Best
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