Windstorm Niklas to cost German insurers 750 mln eur -body

April 20, 2015 8:46 AM

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FRANKFURT, April 20 (Reuters) - German insurers are likely to face damage claims of around 750 million euros ($808 million) from windstorm "Niklas", which struck the country on March 31, insurance trade body GDV said on Monday.

That would make Niklas, which entailed wind speeds of up to 192 kilometres (119 miles) per hour, one of the five most costly storms to hit the country in the last 15 years, the GDV said of its estimate, which is preliminary.

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