PERILS almost doubles Italy quake loss estimate to EUR66m

The development of the insurance industry loss caused by a devastating M6.2 earthquake which struck in August in Italy, near the Umbrian town of Norcia, has accelerated, with industry loss estimate provider PERILS almost doubling its figure to EUR66 million.The earthquake caused almost 300 deaths and damaged homes and businesses read the full article →

Italy earthquake could cause $11bn economic loss: Report

An early estimate from the Italian Civil Protection Department suggests that this weeks devastating earthquake in Italy, near the Umbrian town of Norcia, could result in economic losses of around $11 billion, but the insurance and reinsurance market loss will be significantly lower.It's now known that at least 250 people read the full article →