PERILS Estimates Windstorm Andrea Property Losses at $407 Million

April 4, 2012

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data, has updated its loss report for windstorm Andrea, which struck Western Europe in early January.

PERILS’ second property market loss estimate for Andrea is €309 million [$407 million], compared to the first loss estimate of €267 million [$352 million] which was issued six weeks ago.

Subscribers to the PERILS Industry Exposure & Loss Database can access further information on windstorm Andrea in the “Industry Loss” section of the database.

The third loss estimate for Andrea will be published on July 4, 2012.

Source: PERILS

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