Perils puts windstorm Andrea bill at EUR267mn
The Perils industry loss collation service has estimated that windstorm Andrea, which occurred in Western Europe on 4-5 January, could cost the property insurance market some EUR267mn.
The majority of the losses occurred in Germany, with claims also coming in from the UK, France, the Benelux states and Switzerland.
Perils' market loss estimate is based on ultimate gross loss data as reported by primary insurance companies and excludes losses indemnified by government schemes.
In line with the Perils reporting schedule,...
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