Latest news and stories about insurance in daily life in Portugal for expats and residents.
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The number of drivers circulating without motor insurance reached a new high in 2025, with 48,688 infractions recorded – 23% more than the previous year, according to data reported by Jornal de Notícias. The president of the ASF, Gabriel Bernardino, warned in an interview with Antena1 and Jornal de Negócios that the number of claims...
Recent severe weather events have triggered a 20% to 35% surge in demand for new insurance policies, as both individuals and businesses seek enhanced coverage and better risk management.
PRESS REVIEW | Number of infractions skyrockets
The insurer Baloise Vie Luxembourg saw a 60% increase in production in Portugal in 2025 compared to the previous year, achieved in new contracts primarily through the consolidation and successful acquisition of clients of other nationalities residing in Portugal, a company source revealed. This increase in assets under management was essentially due to fortunes.
Allianz Portugal said it has disbursed roughly 10% of the claims registered after the recent depressions that caused several deaths. The insurer aims to complete about 80% of damage assessments within 15 days of a claim being reported, reflecting broader industry efforts to speed up payouts amid high demand. The update underscores operational pressure on insurers, the risk of a remaining backlog and the role of prompt claims handling in supporting recovery and public safety.
Deco Proteste has set up a telephone helpline to support consumers affected by severe weather and to answer questions about payment moratoriums, insurance, housing damage and billing adjustments.
The helpline aims to answer queries about payment moratoria, insurance, damage to homes and adjustments to service billing.
The insurer has obligations. The State has duties. The citizen has rights. Demand them.
At present, it is difficult to estimate the scale of the losses. Affected business owners emphasise that insurance cover is never sufficient.
Generali Tranquilidade has stepped up the use of digital channels, “encouraging swifter notification and intervention” to respond to the consequences of storms Joseph and Kristin which, the insurer says, “have had a major impact on many families, businesses, agents and communities.” The company emphasises that it has established proactive communication with customers and partners, with an initial focus ...
The Ageas Portugal group, through the brands Ageas Seguros, Seguro Directo and Ocidental, recorded 170 incidents up to 14:00 on Wednesday following storms Ingrid and Joseph and the most recent depression Kistrin that is battering mainland Portugal. Ageas reported that the storm caused hundreds of incidents across the country, ...
Having insurance is not enough; it must be up to date, particularly with regard to the sum insured.
In January 2026, MEDAL celebrates 30 years of activity, marking three decades of steady growth, resilience and trust in the Portuguese insurance brokerage market. Founded in 1996, the company has The post 30 years in service of a global community in Portugal appeared first on Portugal Resident.
Mudum, the Portuguese insurer of Crédit Agricole Assurances, has opened three new avenues for expansion that go beyond its traditional partnership with Novobanco, an exclusive agreement that runs until 2042. After recently announcing agreements with brokerage MDS and reinsurer Munich Re, it has struck a deal with finance company Leasys, ...
Based on a study carried out by DecoProteste, insurer Generali Tranquilidade has won the title of Best Insurer in Portugal for the second year running. This distinction is awarded to the company that best combines policy quality, competitive pricing and customer satisfaction. In this year’s edition, the focus turned to the insurance sector ...
The Portuguese insurance company Mudum, part of the French group Crédit Agricole Assurances, joined the Charter of Rights for Road Traffic Accident Victims on Tuesday, the company announced in a statement. The Charter of Rights for Road Traffic Accident Victims was developed by the Secretariat of the United Nations Economic Commission for Europe (UNECE), by the European Institute of ...
Vila do Conde's municipal council will cover the losses caused by the floods in the early hours of 15 November. In many homes, insurance did not cover the losses.
Insurance broker MDS has formed a partnership with Portuguese insurer Mudum, owned by Groupe Crédit Agricole Assurances, and with reinsurer MunichRe, with the aim of bringing to market a new generation of own‑brand protection solutions. This alliance, which brings together three leading international players, "will allow the development of innovative products, ...
