UK Met Office News

Insured Property Loss from UK Storms Eva & Frank Estimated at $767.7M: PERILS

The initial estimate of the insured property market loss for UK flood damage during the period from Dec. 25, 2015 to Jan. 14, is £526 million ($767.7 million), according to PERILS, the independent Zurich-based organization providing industry-wide catastrophe insurance data. …

PwC UK Raises Desmond Insured Loss Estimates: $375 to $487.5 Million

Commenting on the impact of Storm Desmond, Mohammad Khan, general insurance leader at PwC UK, stated that the accounting firm’s “current estimate of the damage caused by Storm Desmond is £400 million – £500 million [$600 – $750.2 million] with …