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Overturned truck in Lower Saxony: horrendous damage
Photo: Mohssen Assanimoghaddam / dpa
The winter storm "Ylenia" could cost Germany's insurers half a billion euros.
This is what the management consultancy Meyerthole Siems Kohlruss (MSK) in Cologne, which specializes in actuarial mathematics, estimates.
Almost all regions of Germany were hit by the storm, the experts said.
A loss of this magnitude occurs every one to two years.
"Other countries such as Great Britain, Denmark and Poland are also affected, but most of the damage in Europe is likely to come from Germany," said Managing Director Onnen Siems.
"We estimate the insured damage in Germany at 500 million euros." This means that the total damage could be considerably higher, since not all damage is usually insured in the event of storms.
"Ylenia" had caused large-scale failures in train traffic and thousands of fire brigade deployments in Germany.
Trees uprooted and houses damaged in numerous regions.
There were also dead and injured.
According to the police, three drivers died in Lower Saxony and Saxony-Anhalt because their cars were hit by falling trees or pushed into oncoming traffic by gusts of wind.
mic/Reuters/AFP
