Seesam: global warming effects are noted in LATVIA more and more each year

Natural occurrences caused by climate change create major losses for businesses and private persons in Latvia, according to information compiled by Seesam on insurance claim payments performed in the past decade.

In Latvia, residents feel the effects of global warming more and more every year. Climate change is expressed in the form of heavy rainfall, storms, hail and other natural phenomena of increasing strength and frequency. Data shows that the largest losses of the past decade were caused by storm and hail. Losses caused by heavy rainfall and lightning strikes have also been increasing in recent years. Losses caused by snow have declined in recent years. Read the full story

Related articles

photodune-3834701-laughing-girl-xs

William VIDONJA: The sky is going to fall on insurers, intermediaries and consumers

"The sky is going to fall soon on the insurers, intermediaries and consumers in Europe", believes William VIDONJA, Head of Conduct of Business, Insurance Europe, referring to EU regulation.
In this regard, he stressed out the new features of the IDD (insurance distribution directive), PRIIPs (related to investment-based insurance products) and Solvency II Directive.

2016-09-29

TOP EVENT

The 20th edition of FIAR: A new location, conferences & workshops held by international specialists, hundreds of bilateral meetings

Taking place between May 21 and May 25, in a new location - Poiana Brasov in Romania - the 20th edition of the International Insurance-Reinsurance Forum - FIAR gathers well-known specialists representing over 125 international companies and offers its participants the chance to join specialized conferences and workshops analyzing the latest trends in the insurance, reinsurance and brokerage fields, as well to participate at networking events and bilateral meetings which will enable them to discover new business opportunities and to gather valuable insights and experience.

11.05.2017

See all