Weekend storm damage claims at Groupama approaching HUF 100 mln

Weather

Groupama Insurance has so far received more than 600 home insurance claims in connection with Sunday’s storms, the value of which is already approaching HUF 100 million, says penzcentrum.hu.

So far, most customer reports have been received from Budapest and Pest County.

The damage caused by the thunderstorm there amounts to HUF 60 mln, and every second report received by Groupama Insurance is due to soaking.

In the coming days, claims are expected to continue to reach the insurance company, so the figures may increase significantly, even reaching as much as HUF 500 mln.

The insurance company said yesterday it was prepared to quickly deal with the increased number of cases.

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75% MNB

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Spar Magyarország Revenue Climbs Close to 16% in 2023 Retail

Spar Magyarország Revenue Climbs Close to 16% in 2023

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

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.