Insurers Set Aside $40M for Flood Claims in Istanbul, 5 Other Provinces

Akşam

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Following the heavy rainfall and flooding that affected Istanbul and 5 other provinces, 2,453 damage claims were reported under flood and water damage insurance coverage, while the total outstanding compensation reserve set aside by insurance companies for 2,379 files in the fire and comprehensive vehicle insurance branches was determined to be 1 billion 904 million 994 thousand 494 Turkish Lira.

Aydınlık

Factuality

Ownership

Due to floods and water damage in Istanbul and five other provinces, insurance companies received 2,453 damage claims. The outstanding claims reserves for 2,379 files in fire and comprehensive car insurance branches approached 1 billion 905 million Turkish Lira.

ekonomim.com

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Ownership

The toll on the insurance sector from the heavy rainfall and flooding that affected 5 provinces, primarily Istanbul, has been announced. As of today, the total outstanding compensation amount allocated for 2,379 damage claims under flood and water damage coverage in fire and motor insurance branches has reached 1 billion 904 million 994 thousand 494 Turkish Lira.

Haberler

Factuality

Ownership

As of today, insurance companies have set aside 1 billion 904 million 994 thousand 494 Turkish Lira in outstanding claims for 2,379 damages in the fire and motor insurance branches related to floods and water damage in Istanbul and 5 other provinces. While no payments have been made in motor insurance cases, payments have been made in some fire insurance cases.