The initial insured price tag for Extratropical Cyclone Friederike, also known as David, is an estimated €1.5 billion (US$1.8 billion), according to PERILS, the independent Zurich-based organization that provides industry catastrophe insurance data. The event caused significant property damage across …
Extratropical cyclone Thomas, also known as Doris in the UK and Ireland, had an insured price tag of €248 million ($305.4 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. This fourth and final insured …
Initial insured losses for Extratropical Cyclone Burglind (also known as Eleanor) are estimated at €643 million (US$802.5 million), according to PERILS, the Zurich-based organization that provides industry-wide catastrophe insurance data. On Jan. 2-3, the event caused significant damage across Austria, …
PERILS AG has raised the loss estimate for windstorm Herwart which hit Austria and Germany on Oct. 29, 2017 to €255 million ($316.9 million). This compares to the initial loss estimate of €252 million ($313.2 million) which was issued on …
The insurance protection gap. It’s a phrase that will be increasingly heard over the coming years – because it is getting bigger. The protection gap is the difference between insured losses and total economic losses. The protection gap, or those …
The final insured loss estimate for windstorm Egon, which primarily affected France and Germany on Jan. 12-13, 2017, is €275 million (329.7 million), according to PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data. This final and …
The insured property market loss for Extratropical Cyclone Xavier, which affected Germany on Oct. 5, 2017, has risen to €325 million (US$391.5 million)., according to data released by PERILS, the independent Zurich-based organization that provides industry catastrophe insurance data. PERILS’ …
The initial insured property loss estimate for Extratropical Cyclone Herwart, which hit Austria and Germany on Oct. 29, 2017, is €252 million ($337.3 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. In line with …
Insurance losses for Storm Ophelia, which hit Ireland and the United Kingdom on Oct. 16-17, are estimated at €60 million (US$70.1 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. The majority of the damage …
The initial estimate of the insured property market loss for Extratropical Cyclone Xavier, which primarily affected Germany on Oct. 5, 2017, is €291 million (US$343.6 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. In …
