Swiss based insurance advisor PERILS has issued an updated loss report for windstorm Joachim, which occurred from December 15 to 17, 2011 in Western Europe.
PERILS’ third property market loss announcement estimates for Joachim is €285 million [$359 million], slightly below the second loss estimate of €289 million [$364 million] which was issued on March 15, 2012.
“With this third loss report, Joachim loss data are now available per CRESTA zone and property line of business,” said the announcement.
Source: PERILS
Was this article valuable?
Here are more articles you may enjoy.
Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Lemonade Books Q4 Net Loss of $21.7M as Customer Count Grows 
Palantir Decamps to Miami Co-Working Space in Surprise Move 
