Loss of insurers in Germany due to diesel scandal amounted to about 380 million euros


According to the German Insurance Association (GDV), about 144 thousand car owners submitted applications to German insurance companies in 2018, demanding compensation for damages related to their expenses for lawyers, expertise and court costs, due to the diesel scandal, Bild reported. As a result, insurers suffered losses in the amount of about 380 million euros. German concern Volkswagen, which in the United States was accused in the falsification of emissions into the atmosphere, had to withdraw 482,000 cars sold in the United States in 2009-2017, and also agree to buy cars from their owners in 2017. In Germany, Volkswagen compensated for the losses of more than 81 thousand owners of diesel cars.

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