GDV pegs German flooding insured loss at EUR4bn-EUR5bn
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GDV pegs German flooding insured loss at EUR4bn-EUR5bn

Rachel Dalton
21 July 2021
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The severe flooding that struck central Europe in the past 10 days will cause between EUR4bn and EUR5bn ($5.9bn) in damage in Germany, according to the country’s insurance association, Gesamtverband der Deutschen Versicherungswirtschaft (GDV). 

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News Claims and losses Property treaty
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Rachel Dalton
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