Heavy rain, flooding, storms, and hail caused insured losses of EUR 5.7 billion in Germany in 2024 – around the same amount as in 2023, according to the annual natural hazard statistics published by the German Insurance Association (GDV). Southern Germany was hit particularly hard. Although there was no major damage from winter and autumn storms, floods – in Saarland and Rhineland-Palatinate in May and Baden-Württemberg and Bavaria in June – caused major flood damage. These caused damages accumulating to EUR 2.6 billion – around one billion euros more than the long-term average.