LATVIA: Last year, insurers covered 150 fire losses caused by problems with electricity

30 May 2024 — Marina MAGNAVAL
In 2023, insurers in Latvia paid for damages in more than 150 fires caused by problems with electricity, and this is 20% of the total number of fire damages paid by insurers, according to the data collected by members of the Association of Latvian Insurers (LAA).

According to the estimates of LAA experts, almost 60% of fires caused by problems with electricity occur in the residential sector - private houses, household buildings and apartments.



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