Advertisement
Canada markets closed
  • S&P/TSX

    21,788.48
    -60.11 (-0.28%)
     
  • S&P 500

    5,469.30
    +21.43 (+0.39%)
     
  • DOW

    39,112.16
    -299.05 (-0.76%)
     
  • CAD/USD

    0.7322
    -0.0001 (-0.01%)
     
  • CRUDE OIL

    81.07
    +0.24 (+0.30%)
     
  • Bitcoin CAD

    84,840.31
    +2,247.16 (+2.72%)
     
  • CMC Crypto 200

    1,290.50
    +41.37 (+3.31%)
     
  • GOLD FUTURES

    2,332.80
    +2.00 (+0.09%)
     
  • RUSSELL 2000

    2,022.35
    -8.47 (-0.42%)
     
  • 10-Yr Bond

    4.2380
    -0.0100 (-0.24%)
     
  • NASDAQ futures

    19,997.50
    +25.25 (+0.13%)
     
  • VOLATILITY

    12.84
    -0.49 (-3.68%)
     
  • FTSE

    8,247.79
    -33.76 (-0.41%)
     
  • NIKKEI 225

    39,711.14
    +537.99 (+1.37%)
     
  • CAD/EUR

    0.6833
    +0.0001 (+0.01%)
     

Boliden: Confirmation of insurance claim for Rönnskär

STOCKHOLM, May 3, 2024 /PRNewswire/ -- After the fire that destroyed Rönnskär's tank house in June 2023, Boliden has now received confirmation that the primary insurance company fully assumes its part of the insurance claim. Boliden will therefore report an income of SEK 2.4 billion affecting the result for the second quarter of 2024. Thereafter, the insurance proceeds are expected to be paid out over time. However, the payment plan has not yet been determined.

At the time of the fire, Rönnskär's total insurance coverage amounted to SEK 3.4 billion, split between a primary insurance with a limit of SEK 2.4 billion, and an excess insurance applicable on top of the primary insurance, with an additional coverage of SEK 1 billion.

After this confirmation, the excess insurance claim process, as well as discussions with the primary insurance company around the payment plan, will continue.

For further information, please contact:
Klas Nilsson
Director Group Communications
+46 70 453 65 88
klas.nilsson@boliden.com

ADVERTISEMENT

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/boliden/r/confirmation-of-insurance-claim-for-ronnskar,c3973151

The following files are available for download:

 

Cision
Cision

View original content:https://www.prnewswire.com/news-releases/boliden-confirmation-of-insurance-claim-for-ronnskar-302135651.html

SOURCE Boliden