Insurers report 60,800 claims from Czech floods, totaling nearly CZK 11 billion

Czech insurers have received 60,800 claims from the recent floods, amounting to almost CZK 11 billion, according to the Czech Insurance Association. The total estimated insured damage is expected to reach CZK 19.3 billion, with claims still being reported. Insurers have resolved about a quarter of the cases, paying out hundreds of millions, including advance payments. Generali Česká pojišťovna has reported over 25,000 claims, totaling CZK 2.7 billion, while Kooperativa has received 11,000 claims worth CZK 2.62 billion. Other insurers, including Česká podnikatelská pojišťovna and Allianz, have also started compensating clients.