Insured Losses for Europe’s Storm Sabine (aka Ciara) Estimated at €1.55B: PERILS March 24, 2020 The initial loss estimate for extratropical cyclone Sabine”, also known as “Ciara” and “Elsa,” is €1.55 billion (US$1.8 billion), according...
Insurance Covered $90B of Natural Disaster Losses in 2018, Leaving 60% Protection Gap January 22, 2019 The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of...
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...
Global Insured Catastrophe Losses Decline to $20 Billion in H1: Swiss Re August 16, 2018 Global insured losses from natural catastrophes and man-made disasters during the first half of 2018 were US$20 billion, down from...
Loss Estimate for Europe’s Storm Friederike (aka DAVID) Rises to €1.7B ($2.0B): PERILS July 17, 2018 The third insured loss estimate for extratropical Cyclone Friederike, also known as “David,” has risen to €1.675 billion ($2.0 billion),...
Insured Losses from Europe’s Storm Friederike Rise to €1.63B (US$2.0B): PERILS April 17, 2018 PERILS AG has issued its second loss estimate of €1.63 billion for Europe’s windstorm Friederike, also known as David. Friederike...
Europe’s Storm Friederike (aka David) to Cost Insurers €1.5B (US$1.8B): PERILS February 28, 2018 The initial insured price tag for Extratropical Cyclone Friederike, also known as David, is an estimated €1.5 billion (US$1.8 billion),...
January Windstorms to Cost Europe’s Insurers More Than $2B: Aon February 9, 2018 European windstorms Friederike, Eleanor and Carmen wreaked widespread damage in January, causing insured losses of more than $2 billion, according...