PERILS, the Swiss-based cat modeling firm, has announced that its fourth and final loss report for windstorm Andrea, which affected the UK and Western Europe from 4 to 5 January 2012, is estimated at €336 million [$437.5 million].
The final amount differs by €1 million from the third loss estimate of €337 million [$438.77 million], issued on 4 July 2012.
The “final loss estimate is again available in full resolution, i.e. by CRESTA zone and by the property sub-lines Residential, Commercial, Industrial and Agricultural,” said the announcement.
Source: PERILS
Was this article valuable?
Here are more articles you may enjoy.
California Insurance Commissioner Race Has Diverse Field Amid ‘Insurance Crisis’ 
‘The Arms Race Is On’: Chubb’s Greenberg on Mythos, Middle East 
Former Ransomware Negotiator Pleads Guilty to Aiding Attackers 
Florida Sunshine: Big Improvement in Combined Ratio in 2025, Gallagher Says 
