Windstorm Mike-Niklas News

Europe’s Windstorm Egon to Cost Insurers an Estimated US$223.3M: PERILS

The initial estimate of the insured property market loss for extra-tropical cyclone Egon, which hit France and Germany in January, is €212 million (US$223.3 million), according to PERILS, the independent Zurich-based organization that provides industry catastrophe insurance data. While the …

PERILS Lowers Windstorm Niklas Insured Loss Estimate to $927 Million

PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has released its third loss estimate for windstorm Mike-Niklas, which, lowers the estimated property insurance market loss from €895 million ($1.0 billion] to €826 million [$927 million]. The announcement …

$952 Million: PERILS Initial Loss Estimate for Windstorm Mike-Niklas

PERILS, the independent Zurich-based organization providing industry-wide catastrophe insurance data, has given an initial estimate for windstorm Mike-Niklas (Lentestorm in the Netherlands) of €853 million [$952 million]. “The combined storms caused significant damage across parts of Western and Central Europe, …