Severe Weather in Germany Causes €5.5 Billion in Insured Damages in 2024

Floods in Bavaria and Baden-Württemberg were the most costly events, highlighting the need for improved flood prevention measures.

Insured damages from storms, hail, and floods in Germany totaled €5.5 billion in 2024, slightly lower than 2023's €5.7 billion.
Flooding in Bavaria and Baden-Württemberg in late May and early June caused €2 billion in damages, primarily affecting homes and vehicles.
Smaller floods in Saarland and Rheinland-Pfalz during Pentecost added another €200 million to the damage total.
Property insurance accounted for €4.5 billion of the losses, with €2.5 billion attributed to natural hazards like heavy rainfall and €2 billion to storms and hail.
Insurance experts emphasized the importance of stronger flood protection infrastructure, such as dams and levees, to mitigate increasing damage from extreme weather linked to climate change.