PERILS, Europe’s catastrophe data provider, has updated its loss report for windstorm Joachim, which occurred from December 15 to 17, 2011 in Western Europe. The second published loss estimate for Joachim is €289 million [$377 million]
Thie figure is down slightly from the original estimate of €300 million [$392 million] which was issued at the end of January.
PERILS said it would publish a third loss estimate for Joachim on June 15, 2012.
Source: PERILS
Was this article valuable?
Here are more articles you may enjoy.
Business Interruption Claims Arising From the Middle East Conflict 
How Niche Insurance Shielded Bad Bunny From Bad Weather 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
