General
March 24, 2026
Storm Harry leaves €12m in damage claims, majority from flooding
We need to be ready for extreme weather events... Our president Catherine Calleja warned that with climate change and more extreme weather, there will be even greater damage caused by proximity to the sea and flooding.
According to the association’s data on Storm Harry, most damages were caused by flooding and other water damage. In total, water damage amounted to a third of all claims, but two-thirds of the total cost.
During her interview with The Times, Ms Calleja said insurers had become key stakeholders in the issue of climate change resilience, with several industry players undergoing training on the subject.
“The role of the insurance industry is to keep the economy going and to allow people to take entrepreneurial risk and not lose everything in a storm,” Ms Calleja said.
An Article was published by Neville Borg on the Sunday Times Of Malta on 22nd March 2026
To read the full Article click here
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