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Reuters
Reuters
Business

German insurers to pay 650 million euro for damage caused by June storms: GDV

BERLIN (Reuters) - German insurance companies will have to pay claims of about 650 million euros ($727.09 million) for damage caused by thunderstorms that hit the country from June 3 to June 12, industry association GDV said on Tuesday.

The severe weather caused almost 250,000 cases of damage that was insured, GDV said in a statement.

(Reporting by Thomas Seythal; Editing by Michelle Martin)

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