GDV reports €1.5bn of insured natural disaster losses in August

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Reinsurance News - Sep 26, 2023

The German Insurance Association (GDV) has reported that damage caused by storms, hail, lightning, and floods in August total €1.5 billion, driven by the severe storms at the end of the month. Jörg Asmussen, Managing Director of the GDV, explained that the association is “currently assuming in...

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