Is 142 euro equal to 350 000 euro? The CJEU interpretation of "personal injury" and "injured party" in EU motor insurance law

In reviewing two similar cases, the CJEU clarified several essential elements of EU motor insurance law. First, the CJEU clarified the concept of "personal injury" as an insurable risk (another is damage to property) by holding that it also covers non-material damage and the concept of "injured party" by establishing that it also covers the next of kin of a person who died as a result of a road traffic accident. Second, the CJEU affirmed its previous case law that EU Member States are precluded from lowering the minimum insurance coverage as set in the amount of 350 000 euro by EU motor insurance law. In particular, the CJEU found that a Latvian national legal provision which provides fixed insurance redress in the amount of 142 (now 150) euro for non-material damage for the next of kin of a person who died in an accident is incompatible with EU motor insurance law (author's summary).