Losses from German floods and summer hail to reach EUR11.5bn: GDV
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Losses from German floods and summer hail to reach EUR11.5bn: GDV

Rachel Dalton
03 September 2021
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Stuttgart, Germany. 28th June, 2021. Drivers try to avoid the floods with their cars on Konrad-Adenauer-StraBe. A strong thunderstorm has swept across large parts of Baden-Wurttemberg, causing major damage. Credit: Andreas Rosar/dpa/Alamy Live News
Photo: Alamy

The floods that struck Germany in mid-July and hailstorms in early summer will cause EUR11.5bn ($13.6bn) in damage, according to the German Insurance Association (GDV).

The body said the two events would make 2021 the worst year for German insured losses in 50 years.

The

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