Storm Kristin · Portugal · 27–28 January 2026

What the storm exposed about home cover

A state of calamity was declared in the worst-hit municipalities of central Portugal. The figures below are 2026 estimates and remain subject to revision as ASF finalises the data.

49%
of exposed homes had no storm or flood cover
ASF · Feb 2026
~114k
claims from Kristin alone
ASF · Feb 2026
~€600M
estimated insured losses
reinsurance est. · 2026
€303M
paid or advanced across the 2026 storms by April
Observador · Apr 2026

Sources: Autoridade de Supervisão de Seguros e Fundos de Pensões (ASF), Feb 2026; Observador, Apr 2026; international reinsurance estimates. Figures provisional. · InspectOS