US EditionSwiss Insurers Estimate Glacier Damage at $393 Mn
34 Articles
34 Articles
The Swiss private insurers promise a good 300 million Swiss francs after the mountain slide for the reconstruction of the Valais village. According to the federal authorities, however, a settlement at the old location is unlikely.
The damage caused by the collapse in May of a glacier in the village of Blatten, located in the Swiss Alps, amounts to 320 million Swiss francs (approximately CAN$534 million), says the Swiss Insurance Association (Asa) on Tuesday.
Daily Journal
Swiss insurers estimate glacier damage at $393 mn
Swiss insurers on Tuesday put the damage caused by last month's glacier collapse, which largely destroyed the Alpine village of Blatten, at 320 million Swiss francs ($393 million).
Experts believe that the phenomenon played a role in the destruction of the Alpine village of Blatten last May.
Landslide in Blatten causes CHF320 million in damage
The landslide in Blatten VS and the resulting floods caused damage totalling CHF 320 million. Around CHF 260 million of this was due to damage to buildings and household contents, according to estimates by Swiss private insurers.
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