Bernd pushes German cat losses to record EUR12.5bn in 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free trial
  • Log in

Bernd pushes German cat losses to record EUR12.5bn in 2021

Samuel Casey
30 December 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
Germany Floods.jpg

The 2021 calendar year will be Germany’s most expensive since records began in 1970 for natural catastrophe losses, with over EUR12.5bn ($14.2bn) of insured damage created across the country, according to the German Insurance Association (GDV).

The losses stem largely from Storm Bernd, which caused devastating damage in July, as well as a hailstorm in early summer.

Of

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Claims and losses Re/insurers Property treaty
sam casey/sam casey ii red.png
Samuel Casey
Senior Reporter
Contact
Gift this article