Portugal's Insurance and Pension Funds Supervisory Authority (ASF) issued a regulatory standard setting the indices to be used to automatically update sums insured in housing-related property insurance policies, where the contract does not stipulate otherwise. The indices apply to policies with inception or renewal in the fourth quarter of 2025 and are intended to provide consumers with a reference value to help prevent sums insured from becoming outdated. For Q4 2025, the Buildings Index (IE) is 559.63, the Household Contents Index (IRH) is 348.52, and the Combined Household Contents and Buildings Index (IRHE) is 475.18 (base 100: first quarter 1987). Relative to Q3 2025, IE fell 0.31% while IRH rose 2.41% and IRHE rose 0.47%; relative to Q4 2024, the increases were 6.45%, 6.93% and 6.59%, respectively. ASF noted that policyholders remain responsible for ensuring the adequacy of insured values, including considering regional variations versus national indices and changes to the insured property and contents, and reported that no comments were received during the public consultation on the draft standard.
Portuguese Insurance Regulator (ASF) 2025-08-05
Portugal's Insurance and Pension Funds Supervisory Authority publishes Q4 2025 home insurance indexation indices
Portugal's Insurance and Pension Funds Supervisory Authority (ASF) issued a regulatory standard for updating sums insured in housing-related property insurance policies using specified indices. For Q4 2025, the Buildings Index is 559.63, the Household Contents Index is 348.52, and the Combined Index is 475.18. ASF emphasized policyholders' responsibility to ensure insured values' adequacy, considering regional variations and property changes.