Latvian insurers report high storm damage claims

storm damage insurance claims Latvia weather BTA Balta

Insurance companies in Latvia are reporting significant increases in claims following widespread storm damage across the country.

BTA Baltic Insurance Company has received 200 claims, including 45 for land vehicles and 155 for property. The company has reserved one million euros to cover these losses, noting that damage was primarily caused by heavy rain and falling trees or branches hitting homes, fences, and vehicles.

Balta has reported receiving over 350 claims within a single day, primarily concerning property and residential damage. The insurer estimates that total losses could exceed several million euros. Reported damages include broken roofs, damaged facades, flooded basements, and destroyed greenhouses. Balta has also processed approximately 30 claims related to vehicle damage caused by falling trees and branches.

Entities

BTA Baltic Insurance Company · Balta · Latvia · PZU Group · Vienna Insurance Group

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] BTA has received 200 claims for storm damage pmo.ee
[○ 1 SOURCE] Balta has received approximately 30 claims regarding vehicle damage pmo.ee
[● 2 SOURCES] Balta estimates total storm damage losses could exceed several million euros pmo.ee · www.la.lv
[● 2 SOURCES] Balta received over 350 storm damage claims within a 24-hour period pmo.ee · www.la.lv
[○ 1 SOURCE] BTA has reserved one million euros to cover storm-related losses pmo.ee
[○ 1 SOURCE] BTA received 45 KASKO claims and 155 property insurance claims pmo.ee

Sources

BTA vētras zaudējumu segšanai rezervējusi vienu miljonu eiro [pmo.ee]

2 days ago

"Balta": Vētras radītie zaudējumi var pārsniegt vairākus miljonus eiro [pmo.ee]

2 days ago

Vētras sekas būs dārgas: apdrošinātājs atklāj, cik lieli varētu būt zaudējumi [www.la.lv]

2 days ago