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Weather disasters cost over five billion Euros to France

Weather disasters cost over five billion Euros to France

Paris, Sep 16 (Prensa Latina) Natural disasters have caused a total of 1.4 million accidents in 2022 in France, meaning 5.2 billion euros in compensation for insurers, France Assureurs reported on Friday.

According to a document, the amount disbursed during the first eight months of the year “is already well above cost observed each year since 2017, which was three and a half billion euros on average annually,” even though such assessment “does not include the effects of drought or some of damage to crops.¨

This rise is explained by a greater frequency of unusual weather phenomena at certain times of the year and also by the increased contruction material prices for repairs.

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