PRAGUE, Nov 13 (CTK) - Insurance companies have paid Kc11bn to clients hit by the summer floods which represents 36 pct of the total estimated insured damage, the Czech Insurers' Association CAP said today.
By Nov 11, or three months after the disastrous floods, insurance companies have settled 43,000 claims out of a total of 77,000, or 56 pct of the total. Total claims are estimated at Kc30.9bn.
Kooperativa has paid Kc4bn, Ceska pojistovna over Kc3bn, Allianz nearly Kc1bn, IPB Pojistovna over Kc500m, and Pojistovna Ceske sporitelny over Kc900m, according to CTK files.
Compared to the large-scale flooding five years ago, the share of insured damage in the total damage caused has grown. Five years ago, the damage stood at Kc63bn, of which insurance companies covered Kc9.7bn, or 15.4 pct. This year, the share of insured damage represents 43 pct of the total.