Portuguese insurers cover 80% of storm damage costs
Portuguese insurers have covered 80% of the estimated €5.3 billion in losses from early 2024 storms.
Published 6sem1 sourceNotable
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26 %
Only 26% of the damage was insured, according to the supervisory authority
The fact
Only 26% of the damage was insured, according to the supervisory authority.
Total losses may still change as assessments continue.
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Why it matters
Ce bilan met en lumière l'ampleur des dégâts climatiques au Portugal et la capacité des assureurs à y faire face, un enjeu crucial pour la résilience économique du pays.