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Over €750m paid out on weather claims

23rd July, 2011

Over €750m paid out on weather claims

The insurance industry has paid out more than three quarters of a billion euro in compensation for severe weather damage to homes and businesses since 2009.

Speaking at an Insurance Institute of Ireland event, Philip Smith, the institute’s president and chief executive of RSA Insurance Ireland, said that insurers had dealt with almost 30,000 claims relating to severe weather damage since 2009,the highest percentage coming from Cork and...

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