PERILS AG announced that its “fourth and final” loss estimate for windstorm Dirk, which affected the UK and France from 23 to 25 December 2013, is €420 million [$513.5 million] for the property insurance market loss.
PERILS noted that this figure “compares to the third loss estimate of €370 million [$452.3 million], which was issued on 23 June 2014.”
Source: PERILS AG
Was this article valuable?
Here are more articles you may enjoy.
Berkshire’s ‘Most Important’ Biz Drives Q1 Results; GEICO Still Behind on Tech 
Lloyd’s Insurers Don’t Expect Large Claims From Baltimore Bridge Collapse 
Insurers Get Green Light to Pay Less Than Billed Charges in Florida PIP Cases 
Biden Vetoes Bid to Repeal US Labor Board Rule on Contract, Franchise Workers 
