Zurich expects $150-200 mln hit from German floods, not exposed to wildfires
ZURICH, Aug 12 (Reuters) - Zurich Insurance ZURN.S estimates its exposure to severe flooding in Germany at around $150-200 million, Chief Financial Officer George Quinn told reporters, although he cautioned it was still early in the claims process.
Asked about wildfires raging in southern Europe, Chief Executive Mario Greco said: "We are not really exposed to wildfires. They are impacting regions or specific places where we are not really covering customers and insurers. The wildfires are not that impactful for us. What would matter more for us will be the hurricane season in the United States of America in the next weeks or months."
Reporting by Michael Shields; editing by Jason Neely
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