PZU expects PLN 200 mln in claims after last week’s storms

WSE-listed, state-owned insurer PZU has received 26k claims following storms last week so far, and estimates potential damages at around PLN 200 million, company’s CEO Paweł Surówka said. “We had estimated that the number of damage claims following the storms would exceed 30k and at this point, 26k have come in. It is likely that we will correct that number upwards,” he explained. Claims are chiefly on property policies, but also concern automotive and some farm policies, he noted. Six people died, and dozens were injured in heavy storms that hit Poland last August 11. Over 170,000 people were left without power and 800 buildings were damaged, mostly in northern and western Poland.