LATVIA: LAA: Insurers have received July storm claims for over EUR 17 million

21 August 2024 — Marina MAGNAVAL
Due to the storm and rains at the end of July, insurers have so far received 8,366 claims for a total of EUR 17.2 million. At that EUR 4.2 million have already been paid out, settling 2,864 insurance cases, according to data collected by the Association of Latvian Insurers (LAA) as of August 14.

The number and amount of July storm claims will certainly increase as this process takes time. Current data show that the number of claims received increased by approximately 1,000 and the claimed amount - by EUR 4.2 million during the last week, the Association says.



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