European Floods in Mid-July Cost Insurers $12B, Topping Non-U.S. Events in 2021 January 4, 2022 The most significant non-U.S. loss event in 2021 was the mid-July flooding in Western Europe, according to CRESTA, the Zurich-based...
CRESTA Updates Risk Accumulation Zones for 2019, Launches Website October 21, 2019 CRESTA, the insurance industry organization that provides a standard global system of risk accumulation zones, has announced the release of...
PERILS Discloses Final Loss Estimate for UK Storm Desmond of £604M December 2, 2016 PERILS AG has today disclosed its fourth and final loss estimate for the floods in the UK which occurred Dec....
PERILS Revises Loss Estimate for UK Floods from Storm Desmond to $861.4M June 3, 2016 The insured property loss estimate for floods that hit the UK from Dec. 4 to 24, 2015, following Storm Desmond...
PERILS Reduces Loss Estimate to £662M for Floods from UK’s Storm Desmond March 4, 2016 PERILS AG disclosed its second, revised loss estimate for the floods which hit the UK from Dec. 4 to 24...
Insured Losses from U.K. Storm Desmond Estimated at $1.1 Billion: PERILS January 15, 2016 The initial estimate of the insured property market loss for flood damage caused by storm Desmond during Dec. 4-24, 2015...
PERILS Lowers Windstorm Niklas Insured Loss Estimate to $927 Million September 29, 2015 PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has released its third loss estimate for windstorm Mike-Niklas,...
PERILS 3rd Loss Estimate for Windstorm Ebon-Felix is $362 Million July 8, 2015 PERILS AG has disclosed its third loss estimate for windstorm Elon-Felix which affected Western and Northern Europe between the 8th...
Revised PERILS’ Loss Estimate from Windstorm Xaver Exceeds $1 Billion June 5, 2014 PERILS AG has released its third loss estimate for windstorm Xaver, a storm which affected Western and Northern Europe on...
PERILS Issues Updated Europe Industry Exposure Database for 2014 April 1, 2014 Zurich-based PERILS AG, announced the release of the 2014 update of the PERILS Europe Industry Exposure Database, which, it said,...