PERILS AG announced that its “fourth and final” loss estimate for windstorm Dirk, which affected the UK and France from 23 to 25 December 2013, is €420 million [$513.5 million] for the property insurance market loss.
PERILS noted that this figure “compares to the third loss estimate of €370 million [$452.3 million], which was issued on 23 June 2014.”
Source: PERILS AG
Was this article valuable?
Here are more articles you may enjoy.
AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says 
WR Berkley Founder and Executive Chairman Dies at 80 
Storage Shed Caused Nashville Parking Garage Fire, Travelers Says in $10M Subro Suit 
Hedge Funds Are Expanding Desks Designed to Profit From Natural-Catastrophe Risk 
