GERMAN INSURANCE FIRM SEES CLAIMS FOR INSURED DAMAGE WORTH USD 8.2 BILLION

HIGHLIGHTS

• There was a flood in Germany in JUL 2020.
• German Insurance Association sees insured damage worth US $ 8.2 billion.

When western Germany suffered from severe floods, at least 180 people lost their lives in this tragedy. As the heavy rainfall turned the streams into raging torrents, cars got washed away and buildings collapsed in many cities. According to reports in media....