xynthia

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data, has issued its fourth and final update of its loss estimate for the European windstorm Xynthia which occurred on 28th February 2010. The PERILS loss reporting schedule dictates that the final loss reporting should be 12 months after the event.

Windstorm Xynthia tracked across northern France and into Germany on Saturday 27th and Sunday 28th February. Wind speeds recorded reached as much as 30 meters per second and a tidal surge (which coincided with spring tides) impacted the French Atlantic coast causing major damage and flooding. 50 people have been confirmed killed due to the […]