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This Article is From Aug 17, 2020

Lebanon Insurance Claims on Port Blast at $425 Million So Far

Insurance claims toward the massive explosion at the Port of Beirut have so far reached $425 million, according to a minister.

Caretaker Economy Minister Raoul Nehme said 2,500 claims have been filed, according to the presidency's Twitter account. The ministry expects claims to reach 10,000.

Nehme met Lebanon's president along with a delegation from insurance companies.

Read more
How the Beirut Blast Has Worsened Lebanon's Crises: QuickTake
Munich Re Among Insurers Facing ‘Major' Beirut Blast Losses
Lebanese Judiciary to Question Ex-Finance Ministers on Blast
Lebanon's Deepening Economic Crisis Laid Bare by Beirut Blast

©2020 Bloomberg L.P.

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