The Munich Re insurance company has reported that global damages from natural disasters reached $320 billion in 2024, significantly higher than in previous years. The increase is attributed to climate change, with events such as hurricanes, severe storms, and floods…
Property owners in Greece can achieve a reduction in this year’s ENFIA tax by taking specific actions before the end of January. They need to submit updated E9 declarations for any changes in their property situation and ensure their insured…
Severe storms Darragh and Bert have wreaked havoc across the UK, causing substantial damage and leading to flooding conditions in January. As residents and business owners start to evaluate the extent of the damage, they are discovering that insurance compensation…
Greek insurance companies have a 15-day window to submit data to the Independent Authority for Public Revenue (AADE) for calculating a 20% discount on the ENFIA property tax for 2025. The submission must include details such as VAT number, policy…
A report highlights significant inconsistency in disaster insurance coverage in the Netherlands, particularly during events like the 2021 Leersum windstorm and the recent flooding in South Limburg. Researchers from Utrecht University and Erasmus University emphasize the lack of clear government…
New legislation in Greece mandates that all vehicle owners obtain insurance against natural disasters, including fire and flooding. The law, officially designated as Law 5162/2024, outlines requirements for vehicle insurance to cover such risks based on current market value. This…
Beginning January 1, 2025, car and professional vehicle insurance against natural disasters will become mandatory in Greece. This decision follows a series of emergency calls due to fallen trees during storms, and aims to provide compensation for damages caused by…
The average cost of rebuilding a home in Ireland has risen by 6.2% over the last year, according to the Society of Chartered Surveyors Ireland. This increase is lower than previous years, with costs varying significantly by region. Dublin remains…
