Extreme weather events hit Lithuanians in pocket

Lithuanians were hit with big bills from extreme weather events last summer, with thunder storms causing the most damage.

Insurance company ERGO said its customers in Lithuania faced bills of over €100,000 last year from extreme weather events..

Thunder storms caused the most trouble costing Ergo‘s Lithuanian customers €60,000 last summer and €135,000 the summer before (2014), according to ERGO Insurance Lithuania claims administration department director Audrius Pilčicas.

Related Post

Lightning also causes a lot of damage. In 2015, the total damage from lightning among Ergo customers was €22,000 but that as not close to the summer in 2014 when there were far more lightning strikes created total costs of €138,000.

Alfa.lt

Share

Recent Posts

  • Culture

Lens on Movement: Ukrainian and Lithuanian Photos at Luxembourg’s European Mobility Week

Celebrating the European Mobility Week (16-22 September), the City of Bissen in Luxembourg will present…

3 days ago
  • Economy

Lithuanians will have to open their wallets even wider: goods and services will become more expensive

According to TV3.lt, Swedbank economists raise their GDP growth forecast for Lithuania and believe the…

1 week ago
  • Economy

Janulevičius. Lithuania’s economy looks better than Estonia’s or Latvia’s, but we shouldn’t be happy about it

From Q1 2022 onwards, Estonia has been in a prolonged recession. Yes, we also had…

2 weeks ago
  • Tribune

EMBank’s earnings for the first half of 2024 have increased by over 50%

European Merchant Bank (EMBank), a provider of financial solutions to small and medium-sized businesses, has…

2 weeks ago
  • Latest

Resorting to anger when it should be apologising: experts on Gabrielius Landsbergis

As the debate on the Landsbergis' assets continues in the public sphere, political analysts are…

3 weeks ago
  • Economy

Preliminary housing purchase contract – what not to be afraid of and what to check before signing

A preliminary contract is usually signed when buying a new dwelling directly from the developer…

1 month ago