KBW: “Feasible” that Zurich has exhausted agg cover after floods and Ida

Zurich and KBW – German floods

Zurich Insurance Group is yet to disclose its exposure to the German floods and Hurricane Ida, but it is “feasible” the insurance giant has already exhausted the $405mn of available limit on its aggregate reinsurance cover for this year, according to KBW’s William Hawkins.

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