Allianz Germany reports EUR500mn in claims from flooding
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Allianz Germany reports EUR500mn in claims from flooding

Rachel Dalton
27 July 2021
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Allianz Germany expects to make EUR500mn ($590mn) in claims payments to customers for damage incurred during the flooding caused by low-pressure area Bernd.

The figure is gross of reinsurance. Allianz has received 10,000 claims for damage to properties and household effects and 3,000 claims for damage to vehicles, but it expects far more.

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Rachel Dalton
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