ADVERTISEMENT

Weekend storm damage may approach HUF 1 bln

Weather

According to preliminary data, the damage due to weekend storms may approach HUF 1 billion, while insurers expect further claims, according to profitline.hu.

Aegon Insurance said that the number of claims had exceeded 1,000 by noon on Monday. It expects much more than that; in the case of damage on weekends, customers report the damage with a delay of a few days, after initially focusing primarily on rescue and preventing further damage.

Most of the reports came from Pest County and Budapest, but it is also clear from the primary data that almost the whole country was affected by the storm.

The value of the damage is usually in the order of hundreds of thousands of forints, mainly affecting the roof structure and roofing of residential houses, but there is also damage caused by fallen trees, it said.

Aegon Hungary expects additional claims to reach 4,000, with an estimated HUF 250 million in damages.

ADVERTISEMENT

Czech economic confidence improves in May Analysis

Czech economic confidence improves in May

Ministers in new Orbán gov't sworn in Parliament

Ministers in new Orbán gov't sworn in

Spring’s allergy season - the heat is on Interview

Spring’s allergy season - the heat is on

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.