PERILS News

Loss Estimate for October 2016 Italian Quakes Rises to US$244.4M: PERILS

The property insurance market’s losses from the series of earthquakes to hit Central Italy between Oct. 26 and Oct. 30, 2016 has risen to €208 million (US$244.4 million), according to PERILS, the independent Zurich-based organization that provides industry wide catastrophe …

PERILS Raises Insured Loss Estimate for Cyclone Debbie to A$1.7B (US$1.34B)

The property insurance market’s loss for tropical cyclone Debbie has risen to A$1.7 billion (US$1.34 billion), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. This is the and third loss estimate PERILS has issued for …

Insured Losses for August 2016’s Italy Quake Revised Upward to $127.4M: PERILS

The final property insurance market loss estimate for the magnitude 6.0 earthquake that hit Central Italy on Aug. 24, 2016 has increased to €108 million (US$127.4 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. …

PERILS Insured Loss Estimates for Storm Thomas Unchanged at $293.2M

PERILS AG has disclosed its third loss estimate for windstorm Thomas, also known as Doris, which affected the British Isles, the Netherlands, Belgium and Germany on Feb. 23-24, 2017. The third estimate of the property insurance market loss for Windstorm …

Windstorm Egon’s Insurance Loss Estimate Rises to US$314.7M: PERILS

The estimated property insurance losses for Windstorm Egon, which hit France and Germany on Jan. 12-13, 2017, have been revised upwards to €275 million ($314.7 million) by PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data. The …

Insured Loss Estimates for Cyclone Debbie Rise to US$1.1B: PERILS

The estimate for the property insurance market’s loss for tropical cyclone Debbie has risen to A$1.4 billion (US$1.1 billion) from an initial estimate of A$1.12 billion, according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. Cyclone …

Insured Losses for Europe’s Windstorm Thomas Rise to $279.2M: PERILS

The latest property insured loss estimate for Windstorm Thomas, which on Feb. 23-24 hit the British Isles, the Netherlands, Belgium and Germany, is €249 million (US$279.2 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. …

PERILS Releases European Windstorm Catalogue (1979-2015)

PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has released a storm catalogue containing the gust footprints of more than 200 of the largest European windstorms from the period 1979 to 2015. The windstorm catalogue was produced …

Australia’s Cyclone Debbie Estimated to Cost Insurers US$825.7M: PERILS

The initial estimate of insured property market losses for Cyclone Debbie is A$1.12 billion (US$825.7 million), according to PERILS, the independent Zurich-based organization providing industry-wide catastrophe insurance data. Tropical Cyclone Debbie caused significant wind and flood damage across the Australian …

Insured Losses for Europe’s Storm Zeus Estimated at US$200M: PERILS

The initial estimate of insured property market losses for extratropical cyclone Zeus, which mainly hit France on March 6-7, is €192 million (US$200 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. Low pressure system …