UPDATE 1-Kyrill may cost German insurers over 3 bln euros

Newswire

(Adds more detail, background) BERLIN, June 25 (Reuters) - Germany's insurers face insured damages likely to total more than 3 billion euros ($4 billion) from winter storm Kyrill, which struck Europe in January, the German insurance industry association GDV said on Monday. It was the second time GDV had raised its estimate of the likely damages from the storm, which blasted Europe on January 18-19 with hurricane-force winds, causing widespread losses. The GDV said damage claims were ...

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