Germany’s insured nat cat losses rose to €4.9bn in 2023: GDV

Higher premiums unless mitigation plans are boosted, warns association

Insured losses from natural catastrophes at German insurers last year reached an estimated €4.9bn, up 23% on 2022, according to German insurance association GDV.

Jörg Asmussen, general manager of the GDV, said the losses t...

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