Verisk Extreme Event Solutions News

Earthquakes in Turkey to Cost Insurers More Than $1 Billion, Verisk Estimates

Economic losses for the Feb. 6, 2023 earthquakes in Turkey will likely exceed US$20 billion, while insured losses will likely be more than US$1 billion, according to Extreme Event Solutions at Verisk (formerly AIR Worldwide). These estimates are based on …

Insured Losses for 2 Recent European Windstorms Estimated at €3B-€5B: Verisk

Insured losses due to wind from Winter Storms Dudley/Ylenia and Eunice/Zeynep will range between €3 billion and €5 billion (US$2.2 billion-$5.6 billion), the majority of which are expected in Germany, UK, and the Netherlands, according to Verisk Extreme Event Solutions …