PERILS, Europe’s catastrophe data provider, has updated its loss report for windstorm Joachim, which occurred from December 15 to 17, 2011 in Western Europe. The second published loss estimate for Joachim is €289 million [$377 million]
Thie figure is down slightly from the original estimate of €300 million [$392 million] which was issued at the end of January.
PERILS said it would publish a third loss estimate for Joachim on June 15, 2012.
Source: PERILS
Was this article valuable?
Here are more articles you may enjoy.
What Analysts Are Saying About the 2026 P/C Insurance Market 
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
AIG Underwriting Income Up 48% in Q4 on North America Commercial 
Trump Demands $1 Billion From Harvard as Prolonged Standoff Appears to Deepen 
