Alexandra STORR, SWISS Re: Compensations for body injuries will increase

28 September 2011 — Mihai CRACEA
Alexandra STORR, SWISS Re: Compensations for body injuries will increase
alexandra_storr"There are expected larger and larger increases of compensations for body injuries or death. Also, their share in total claims on motor classes will increase", explained Alexandra STORR, Vice President, SWISS Re Europe S.A.

The question, at this point, is when and not if the European standards are assimilated in this area in the countries of Central and Eastern Europe, according to Alexandra STORR.

Currently, the maximum value of compensations for body injuries or death ranges from EUR 0.6 million in Poland, up to EUR 9 million in England. In fact, except the Czech Republic, all countries in Central and Eastern Europe have not yet exceeded the threshold of EUR 1 million per event.

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