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

Published: Tue 21 Sep 2021

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.