Catastrophe data company Perils has revised its loss estimate for January's European Windstorm Andrea from EUR309mn ($384mn) to EUR337mn ($419mn).
In February, Perils initially estimated the loss from Andrea at EUR267mn ($332mn), before increasing its forecast in April.
Perils said that its loss estimate relates to the market-wide insured property loss, based on ultimate gross loss estimates as reported by insurance companies in the affected territories.
Andrea, which had wind gusts of up to 176 km/h, formed near Iceland before...
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