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Insurance
12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
Insurance

 

29Insurance

 

The Company has insurance that covers, among others, fire and other damage to its assets and office buildings, and liability insurance against third parties. It also has civil liability insurance for the members of the Board of Directors and Board of Executive Officers (“D&O insurance”) and guarantee insurance for escrow deposit (as described in Note 22 (f)) and traditional guarantee insurance.

 

The risk assumptions adopted, given their nature, are not within the scope of a financial statement audit, and consequently have not been examined by independent auditors contracted by the Company.

 

As of December 31, 2024, the Company’s insurance was as follows:

 

 

 
 

Amount Insured

   
Operational risks 78,795,760
Engineering risks 2,807,050
Guarantee insurance for escrow deposit and traditional guarantee (*) 1,400,000
Civil liability – environmental 400,000
Civil liability– D&O (Directors and Officers) 200,000
Civil liability – construction works 162,540
Civil liability – operations 100,000
Other

178,140

Total

84,043,490

 

(*) SABESP has an agreement that allows issuing policies that total such insured amount. Of the total, R$ 409 million in policies with guarantee insurance were issued.