Economic Costs of European Weather Events in June Top $2B: Aon Report July 11, 2019 Severe European storms during June had an economic price tag of US$2 billion, while insurers anticipated claims topping $1.5 billion,...
Insured Loss Estimate for European Storm Dragi-Eberhard Rises to €798M ($898.1M) June 7, 2019 PERILS AG has disclosed its second loss estimate of €798 million ($898.1 million) for windstorm Dragi-Eberhard. This estimate compares to...
Europe’s Storm Dragi-Eberhard Costs Insurers Estimated €740M ($831.8M): PERILS April 22, 2019 The initial insured property losses for extratropical cyclone “Dragi-Eberhard,” which hit the British Isles, and Western and Central Europe on...
Final Insured Losses for Europe’s Storm Friederike/David Estimated at €1.7B: PERILS January 17, 2019 The final loss estimate for Extratropical Cyclone Friederike, also known as David, reached €1.672 Billion ($1.906 billion), according to PERILS,...
Multiple Smaller Natural Disasters in 2018 Created ‘Unusual’ Insured Loss Picture: Willis January 16, 2019 Insured loss estimates from major natural catastrophes in 2018 totaled roughly $71.5 billion, the highest since 2011’s annual market losses...
Snowfall Continues to Disrupt Parts of Austria, Germany and Norway January 11, 2019 Heavy snowfall continued Thursday in parts of Austria and southern Germany, with several places cut off and the bad weather...
Deadly Winter Storm Blasts Europe with Heavy Snow and Winds January 9, 2019 By Kirsten Grieshaber Deadly winter weather blasted Europe for yet another day Tuesday, trapping hundreds of people in Alpine regions, whipping up high...
Sweden’s Wildfires Highlight Cost of Rapidly Changing Climate in Europe December 12, 2018 By William Wilkes Hannele Arvonen, the owner of one of Sweden’s largest lumber yards, is spending the winter months planning for a new...
Final Insured Loss for Germany-Austria’s Storm Herwart Rises to €264M: PERILS October 30, 2018 The final estimate of insured property losses for Extratropical Cyclone Herwart, which primarily affected Austria and Germany on Oct. 29,...
Hurricane Leslie Hits Coast of Portugal, Injuring 27 October 15, 2018 A weakened Hurricane Leslie slammed into the coast of Portugal, leaving 27 people injured as it uprooted trees, brought down...