BERLIN, May 27 (Xinhua) -- Damages caused by natural hazards such as storms and hail in Germany grew to 5.7 billion euros (6.2 billion U.S. dollars) in 2023, up 1.7 billion euros on the previous year, the German Insurance Association (GDV) said on Monday.
The increase was mainly due to severe hail damage to motor vehicles, which cost 2 billion euros, according to GDV. Last year, average claims for storm and hail damage in motor insurance reached the third-highest level ever recorded after a hailstorm in Munich in 1984 and the devastating floods of 2021.
