Drought: Farmers so Far Received 375 Million Euros From Hail Insurance
6 Articles
6 Articles
To date, hail insurance has paid drought compensation of EUR 375 million to insured farmers. The remaining damage payments of around EUR 25 million will be paid out by the end of November, as the agricultural insurer announced on Wednesday. However, the total damage in agriculture remains around EUR 1 billion.
The remaining damage payments of around 25 million euros will be paid out by the end of November.
The total damage in agriculture due to this year's record dryness amounted to one billion euros.
VIENNA. Total damage in agriculture due to record drought remains at around one billion euros according to hail insurance
Following the extreme drought this year, hail insurance has so far paid compensation of EUR 375 million to insured farmers. The remaining damage payments of around EUR 25 million would be paid out by the end of November, as the agricultural insurer announced on Wednesday. The total damage to agriculture caused by the drought continues to be around EUR 1 billion.
To date, hail insurance has paid drought compensation of EUR 375 million to insured farmers. The remaining damage payments of around EUR 25 million will be paid out by the end of November, as the agricultural insurer announced on Wednesday. According to Hagelversicherung, the total damage in agriculture due to the record drought remains around EUR 1 billion.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
