AIR Estimates Windstorm Xaver Insured Losses: $963 Million to $1.92 Billion
Catastrophe modeling firm AIR Worldwide estimates that insured wind losses from Extratropical Cyclone Xaver will range between €700 million [$963 million] and €1.4 billion [$1.926 billion], with the majority of the losses in Denmark, Germany, and the UK. Losses also …