Storm damage insurance payouts exceed 300 million euros
Insurance companies have paid out over 303 million euros in compensation for damages caused by severe storms that struck Portugal between January 27 and February 13. The Portuguese Association of Insurers (Associação Portuguesa de Seguradores or APS) estimates that total insurable losses could eventually exceed one billion euros. In Leiria alone, residents and businesses have filed nearly 37,000 claims for property damage.
The Portuguese Insurance Association (Associação Portuguesa de Seguradores) is the industry trade body that represents insurers in Portugal, collects sector data and speaks with government and the media after major events. On 14 February 2026 it reported more than 100,000 claims from recent bad weather (about half reported in the previous week); policyholders should contact their insurer promptly and check their cover and claims process.
