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Jp Morgan About Reinsurers: Good News, Bad News
Summary by Herbert Frommes Versicherungsmonitor
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The first quarter was calm in terms of natural disasters – especially in comparison with previous years. This is good and bad news for the reinsurers at the same time, writes Bank JP Morgan in a current report. Storm "Nils" caused floods in La Reole in the south-west of France in mid-February. No other natural event caused higher insured damage throughout Europe© picture alliance / SIPA
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