Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Validus Says Central Europe Floods Cost Reinsurer $69.6 Million

July 9 (Bloomberg) -- Validus Holdings Ltd., the reinsurer that bought IPC Holdings Ltd., said floods in central Europe in May and June cost the company about $69.6 million.

Industry losses are probably between $4 billion and $5 billion, the Bermuda-based company said today in a statement distributed by Business Wire.

To contact the reporter on this story: Megan Hickey in New York at mhickey18@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.