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Lebanon Insurance Claims on Port Blast at $425 Million So Far
Lebanon Insurance Claims on Port Blast at $425 Million So Far
17 Aug 2020, 06:16 PM IST
(Bloomberg) -- 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.
©2020 Bloomberg L.P.
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