In a statement, Saturday (9 September), the Caisse Central de Reassurance – France public insurance agency – said the amount covers damage to houses, vehicles, and businesses.
The agency added that Hurricane Irma is "one of the biggest natural catastrophes to have occurred in France in 35 years."
It also said affected residents have 10 days to make a claim starting from Saturday when the status of a natural disaster was officially declared.
Saint Barthelemy less than 40km southeast of Saint Martin, which is divided between France and the Netherlands.
According to the French interior ministry, so far nine people had been reported dead on the two islands. Additionally, the Dutch military was patrolling St Martin to prevent looting.
The agency added that Hurricane Irma is "one of the biggest natural catastrophes to have occurred in France in 35 years."
It also said affected residents have 10 days to make a claim starting from Saturday when the status of a natural disaster was officially declared.
Saint Barthelemy less than 40km southeast of Saint Martin, which is divided between France and the Netherlands.
According to the French interior ministry, so far nine people had been reported dead on the two islands. Additionally, the Dutch military was patrolling St Martin to prevent looting.
