German insurers face €5.5bn nat cat bill for 2024: GDV

Compulsory insurance no solution for flood challenge

Sarah Jolly and Adrian LadburyJanuary 9, 2025
Flooding Saarburg in Saarland, Germany, flooded trees and paths
River Saar, Germany. Credit: Shutterstock/Berit Kessler

Insured losses for natural catastrophe losses in Germany totalled €5.5bn in 2024, €100m lower than 2023 but still well above the long-term average, said German insurance association GDV. Publishing preliminary estimates, Jörg...

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Sarah Jolly and Adrian LadburyJanuary 9, 2025
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