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.
Storm Austen Will Be Stronger Than Forecast Along UK Coasts
Isaias: 47,000 Claims and $582M in Losses in Florida So Far, OIR Reports
Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion
Viewpoint: Beware These Commercial Auto Endorsements! 

