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Storm damage claims at least $550 million

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Dutch insurers association VNV has estimated insurance claims from severe storms that hit the nation in June at €500 million ($553 million) in damage claims, NL Times reports citing ANP news agency.

Insured property damage totaled €175 million, the majority of which was from the agricultural sector. VNV said that damage to cars, caravans and houses totaled €325 million. The claims amount is likely to increase.

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