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German insurers pay out record claims for 2013

German flag flying in a blue sky

Germany’s non-life insurers settled €50bn in claims over 2013, the highest recorded total for a twelve month period.

Figures from GDV, the German insurance association, showed that the sum represents a 12% increase on 2012's equivalent total, itself the greatest proportionate increase seen in 25 years.

The GDV

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