German storms News

Final Insured Loss for Germany’s Cyclone Xavier in 2017 Estimated at €324M: PERILS

The final insured property market losses for Extratropical Cyclone Xavier, based on loss data collected from affected insurers, is €324 million ($372.5 million), according to estimates issued by PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. This …

Insured Losses for Europe’s Storm Egon Finalized at $329.7M by PERILS

The final insured loss estimate for windstorm Egon, which primarily affected France and Germany on Jan. 12-13, 2017, is €275 million (329.7 million), according to PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data. This final and …

Insured Losses for Germany’s Cyclone Xavier Rise to US$391.5M: PERILS

The insured property market loss for Extratropical Cyclone Xavier, which affected Germany on Oct. 5, 2017, has risen to €325 million (US$391.5 million)., according to data released by PERILS, the independent Zurich-based organization that provides industry catastrophe insurance data. PERILS’ …

Insured Losses for Cyclone Xavier in Germany Estimated at $343.6M: PERILS

The initial estimate of the insured property market loss for Extratropical Cyclone Xavier, which primarily affected Germany on Oct. 5, 2017, is €291 million (US$343.6 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. In …

Windstorm Egon’s Insurance Loss Estimate Rises to US$314.7M: PERILS

The estimated property insurance losses for Windstorm Egon, which hit France and Germany on Jan. 12-13, 2017, have been revised upwards to €275 million ($314.7 million) by PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data. The …

Insurance Costs for Windstorm Egon Rise to €234M ($243M): PERILS

The revised estimate of property insurance losses for Windstorm Egon, which hit France and Germany on Jan. 12-13, 2017, is €234 million ($243 million), according to PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data. The cold …

Tornado Hits Hamburg – Latest in Europe’s Destructive Summer Storms

A tornado tore through the northeast of Hamburg on Tuesday evening, blowing off the roofs of several buildings, uprooting dozens of trees and damaging cars and a power line as storms that have raged across Europe this month continue to …