German insurance trade body GDV said it expects weather-related catastrophes to intensify in the coming decades, with flood frequency doubling and storm-related damages increasing by half by 2100.
"The accumulation of extreme weather of different types within a few months turned ??2013 into an extraordinary year," said GDV head Alexander Erdland in a media release.
Hailstorms alone cost the German insurance industry 3.1 billion euros in 2013, GDV said. The June floods cost 1.8 billion euros.
On an inflation-adjusted basis, the 2013 damages are the highest in Germany since 2002, the association said.
GDV represents 464 insurers, including Allianz (>> Allianz SE), Munich Re (>> Muenchener Rueckversicherungs-Ges. AG) and Talanx (>> Talanx AG).
($1 = 0.7257 euros)
(Reporting by Thomas Atkins; Editing by David Goodman)