Swiss-based consulting firm PERILS has issued its third loss report for windstorm Andrea, which affected the UK and Western Europe in January 2012.
The updated property market loss estimate for Andrea is €337 million [$422 million], compared to the second loss estimate of €309 million [$387 million] which was issued on April 4, 2012.
The fourth loss estimate for Andrea will be published in January 2013.
Source: PERILS
Was this article valuable?
Here are more articles you may enjoy.
Thoma Bravo to Take Accelerant Private in $4 Billion Deal 
Tornado Alley’s on the Move and Creating New Risk Concerns, Modeler Says 
AI Data Center Boom Is ‘Maxing Out’ P/C Insurers, AIG CEO Says 
Renewal Changes for Most Commercial Lines Decrease in July and Q2, Says Ivans 
