Joachim News

PERILS Updates Loss Estimates from Windstorm Joachim

Swiss based insurance advisor PERILS has issued an updated loss report for windstorm Joachim, which occurred from December 15 to 17, 2011 in Western Europe. PERILS’ third property market loss announcement estimates for Joachim is €285 million [$359 million], slightly …

PERILS Q1 Report on European Windstorms Shows ‘Very Active Season’

PERILS, the Swiss-based insurance data provider, reports that “in contrast to an unusually quiet European windstorm season in 2010/11, the 2011/12 season was very active.” PERILS said it had “investigated no less than six events with the potential to exceed …

PERILS Lowers Loss Estimates from Windstorm Joachim to $377 Million

PERILS, Europe’s catastrophe data provider, has updated its loss report for windstorm Joachim, which occurred from December 15 to 17, 2011 in Western Europe. The second published loss estimate for Joachim is €289 million [$377 million] Thie figure is down …

Storm Joachim Hits Northern Europe; AIR Sees No ‘Significant’ Losses

Catastrophe modeling firm AIR Worldwide, has reported on winter storm Joachim, which developed over the Atlantic and became a severe extra-tropical cyclone over Western Europe late last week. Central pressure went as low as 963.8 mb and wind gusts exceeding …