Chief Executive Officer of the Irish Insurance Federation, Martin Kemp, has solved for a concerted national approach to problems such as the name of flood risk to improve the planning and development, investment in flood protection and the efficient management of water courses and drainage.
His comments come in response to the figures from the Irish Insurance Federation (IIF), the extreme weather events in Ireland that took place in November 2009 and were published in January 2010 showed resulted in property insurance claims in the amount of 541 million dollars. This number exceeds the total of all costs of the meteorological phenomena during the previous decade, from 358 million dollars.
Mr Kemp said that the cost was provided by two storm very difficult and the consequences for the insurance industry in Germany can be felt, but expressed his confidence in the resilience of the insurance to the needs of its customers to meet for a very traumatic time for many people.
He said that the consequences for the future with regard to climate-related claims to be inevitable, said: With the increasing frequency and intensity of extreme weather events, inevitably questions about future costs and the insurability of certain risks, including the risks of flooding parts the country.
In County Wexford, insurance companies pay 5.5 million homeowners and commercial property owners suffered as a result of incredible burst pipes in the freezing high in January. It is up to 750,000 previously reported in the county of damage caused by floods during the month of November.
Frost in January led to many businesses and households suffer from burst pipe in County Wexford, has caused flood damage in many cases.
The public water supply for Wexford County Council was very short for some time to set by the rationing. The number of claims filed home insurer in the county during the month of January was 514, with standing in commercial debt 105th
It is estimated that the down payment for the damage could reach 4,032,000 households, the cost of commercial position in 1,482,000 property damage. This, in a total of 5,514,000 months.
Despite floods in November, had no effect on the County Wexford as bad as in many other areas on the west coast of Ireland, home and commercial properties have yet reached 754,000.
During the November 9 to November 30, the number of complaints by the flooding of homes was 90, with 26 claims for damage caused by commercial real estate. According to IIR was total household income 444,000, while total trade was 10,000.