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GDV
Abbreviation for Gesamtverband der Deutschen Versicherungswirtschaft
In short and in plain language
The GDV is the head group of insurance firms in Germany.
Among other things, it puts out figures on damage.
This damage comes from storms, hail and other risks in nature.
Definition
The GDV is the German Insurance Association, the umbrella organisation of insurance companies in Germany. Among other things, it publishes statistics on damage caused by storms, hail and other natural hazards.