Moody’s RMS estimates Storm Ciarán losses could reach EUR1.5bn

13 November 2023

cloud storm sky with thunderbolt over rural landscape

Moody’s RMS has estimated insured losses from Winter Storm Ciarán at EUR900mn to EUR1.5bn ($962mn- $1.6bn).

Losses in France account for the majority, while the storm also affected Belgium, the UK, the Channel Islands, The Netherlands and Germany.

The

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Aisling Finn

Reporter