One Winter of Storms Pushed Home and Fire Insurance Payouts to 123% of Premiums, the Regulator's Second-Quarter Report Shows
The ASF's second-quarter report puts direct insurance production at €9.423 billion, up 18.1%, and estimates net results at about €461 million. But payouts in the Fire and Other Damage branch rose 195.1%, taking the paid-to-premiums ratio to 123.2%.