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Luxembourg insurers flood damage estimate rises to €120 million


Luxembourg’s insurers trade group has more than doubled its flood damage forecast.
“The torrential rains of 14 and 15 July 14 and 2021 are for insurers the most costly disaster in the history of Luxembourg insurance,” according to the Luxembourg Insurance and Reinsurance Association (ACA).
Luxembourg insurers have received 6,000 home damage claims and 1,000 vehicle damage claims due to this month’s flooding, as of 21 July, ACA said in a press release.
“Insurers have therefore had to revise upwards the estimate of the damage caused by the floods: they reassess the damage caused to the homes and vehicles insured at €120m,” ACA stated.
The group’s “first provisional estimates” issued on 15 July put the figure at €50m. ....

Reinsurance Association , Luxembourg Insurance , மறுகாப்பீடு சங்கம் , லக்ஸம்பர்க் காப்பீடு ,

Luxembourg Insurers' Estimate €120m Worth of Flood Damage

Luxembourg Insurers' Estimate €120m Worth of Flood Damage
chronicle.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chronicle.lu Daily Mail and Mail on Sunday newspapers.

Reinsurance Association Des Compagnies , Luxembourg Insurance , Reinsurance Association , Association Des Compagnies , லக்ஸம்பர்க் காப்பீடு , மறுகாப்பீடு சங்கம் ,

Flood claims could reach €50m, insurers estimate

Flood claims could reach €50m, insurers estimate
luxtimes.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from luxtimes.lu Daily Mail and Mail on Sunday newspapers.

Marc Hengen , Reinsurance Association , Luxembourg Insurance , Luxembourg Times , மறுகாப்பீடு சங்கம் , லக்ஸம்பர்க் காப்பீடு , லக்ஸம்பர்க் முறை ,