Swiss storm damage estimated at up to CHF200 million
Storm damage estimated at up to 200 million francs
Keystone-SDA
The storms from mid-June to the beginning of July caused total insured losses of CHF160 to CHF200 million (about $180 million to $224 million) in Switzerland. This is according to the Swiss Insurance Association, as announced on Thursday.
This content was published on
2 minutes
Keystone-SDA
Deutsch
de
Unwetterschäden auf bis zu 200 Millionen Franken geschätzt
Original
The damage is covered by the statutory natural hazards insurance. The cantons of Valais and Ticino were most affected, the Swiss Insurance Association (SIA) added. The storms of recent weeks had caused major devastation there.
The private insurers would classify the storms as a severe event. The extent of the damage is comparable to the hail event in Ticino on August 25, 2023. The provisional loss balance sheet only includes reported insured damage to buildings, household contents and business inventory, the SIA, which says it has around seventy private insurers as members, added. This does not include uninsured damage or damage to infrastructure.
Adapted from German by DeepL/ac
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.
External Content
Your subscription could not be saved. Please try again.
Almost finished… We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.
What factors should be taken into account when inheriting Swiss citizenship abroad?
Should there be a limit to the passing on of Swiss citizenship? Or is the current practice too strict and it should still be possible to register after the age of 25?
Is your place of origin, your Heimatort, important to you?
Every Swiss citizen has a Heimatort, a place of origin, but many have never visited theirs. What’s your relationship with your Heimatort? What does it mean to you?
Over a quarter of Swiss Catholics consider leaving the church
This content was published on
In Switzerland 27% of Catholics have thought about leaving the church, according to a survey by the Sotomo research centre.
This content was published on
Following the Credit Suisse debacle, the Swiss Financial Market Supervisory Authority (FINMA) is adapting its organisation.
This content was published on
The Swiss Armed Forces are training their fighter jets in Bern to fly from a civilian base. The exercise at Bern Airport will last until Wednesday.
Plans materialise for new particle accelerator in Geneva
This content was published on
Preparations for a huge new particle accelerator in Geneva have reached a milestone. After several years of work, a feasibility study for the project has now been finalised.
This content was published on
The value of frozen Russian assets in Switzerland currently stands at CHF7.4 billion ($8.4 billion), the Swiss government announced on Tuesday.
This content was published on
The number of business start-ups in Switzerland accelerated in the first three months of the year, with entrepreneurs being particularly dynamic in Central Switzerland, Basel and Geneva.
Most Swiss authorities want to ban Nazi symbols in public
This content was published on
A majority of Swiss political parties, cantons and associations want to ban the use and distribution of Nazi symbols in public.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.