European windstorm Bennet (Freya)

The insurance and reinsurance industry loss estimate for the combined market-wide impacts of European windstorms Dragi and Eberhard has been raised by 8% to roughly EUR 798 million (US $900m).

PERILS AG, the industry loss data provider, has estimated the insurance and reinsurance market property loss from European windstorms Draghi and Eberhard at just EUR 740 million.

European winter wind storm Eberhard is estimated likely to cause an insurance and reinsurance industry loss of as high as EUR 1.5 billion (US $1.7bn), with the majority expected to fall in Germany.

European windstorms Eberhard and Bennet which is also known as Freya in the UK, are estimated to have caused insured property losses of around EUR 800 million in Germany, according to actuaries.