Business Insurance will be back online in October. Please check back then to subscribe/register.

All existing subscriptions will be honored. Contact with any questions.


Spain: Insurance payout for crop damage in Castilla y Leon estimated at $25 million

Comments Email Reprints

Climate-related problems have damaged 352,000 hectares of winter cereals in Spain's Castilla y Leon region and insurance compensation is expected to total nearly €18.5 million ($25 million), reports Diario Palentino.

Meanwhile, the climatic conditions have caused problems in more than 1.17 million hectares across Spain and insurance compensation for these is estimated at more than €66.7 million. Insurance group Agroseguro S.A. has already paid €50.5 million in insurance compensation.

Read more

More from BI