Storm ZOLTAN is expected to result in insured property damage totalling €200 million, bringing insured losses from natural hazards for 2023 in Germany to almost €4 billion, according to Onnen Siems, Managing Director of actuarial consultancy firm Meyerthole Siems Kohlruss (MSK).
Storm ZOLTAN, which hit Germany last week, reportedly caused property damage due to flooding, fallen trees, and the direct impact of wind.
