European windstorm Christian

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PERILS increases European windstorm Christian loss report to €1.144B

PERILS AG, a Swiss-based provider of industry-wide European catastrophe insurance industry loss data and indices, has published its fourth and final industry-wide insured loss estimate for European windstorm Christian, increasing it to €1.144 billion.PERILS first estimate of industry wide insured property losses caused by European windstorm Christian from December put read the full article →

PERILS ups windstorm Christian loss estimate to €1.091B

PERILS AG, the Zurich-based provider of industry-wide European catastrophe insurance exposure, industry loss data and indices, has announced a third and updated loss estimate of €1.091 billion for insured property losses from October’s European windstorm Christian.PERILS issued its first estimate of industry wide insured property losses caused by European windstorm read the full article →

PERILS raises loss estimate for windstorm Christian to €1.068B

Zurich based PERILS AG, the provider of industry-wide European catastrophe insurance exposure, industry loss data and indices, has raised its estimate of insured property losses for October’s European windstorm Christian to €1.068 billion.Six weeks ago PERILS issued its first estimate of industry wide insured property losses caused by European windstorm read the full article →

PERILS puts initial loss estimate for windstorm Christian at €994m

Zurich based PERILS AG, an independent provider of industry-wide European catastrophe insurance exposure, industry loss data and indices, has released its first estimate of industry wide insured property losses for October's European windstorm Christian.Windstorm Christian struck western and northern Europe from 27th to 29th October, causing widespread damage across a read the full article →

European windstorm Christian largest insured loss event of October

European windstorm Christian was the largest insurance market catastrophe loss event of the month of October, according to Impact Forecasting, the catastrophe model development center at reinsurance broker Aon Benfield.The latest monthly Global Catastrophe Recap report from Impact Forecasting looks at the catastrophe events which struck around the globe during read the full article →

AIR: European windstorm Christian insured losses €1.5 billion to €2.3 billion

Risk modelling firm AIR Worldwide has become the first of the risk modellers to provide an estimate for insured losses resulting from the recent European windstorm Christian. AIR gives an estimated range of insured losses of €1.5 billion to €2.3 billion.AIR said that it believes that the majority of insured read the full article →

Willis Re: Europe-wide windstorm Christian insured loss €800m to €1.3 billion

Reinsurance brokerage Willis Re has published a Europe-wide estimate of the insured losses resulting from last weeks European windstorm Christian. Willis Re estimates that the insurance industry will face losses of between €800m and €1.3 billion from the storm.Last week Willis Re released an early estimate of insured losses for read the full article →

Windstorm Christian insured losses $1.7bn to $2.9bn estimates Credit Suisse

Insurance-linked securities and reinsurance-linked investment manager Credit Suisse has estimated that total insured industry losses from European windstorm Christian could be in the range of $1.7 billion to $2.9 billion but does not expect the event to impact its IRIS Low Volatility Plus fund.The update from Credit Suisse comes via read the full article →

Willis Re: UK insured losses from windstorm Christian £300m to £500m

Reinsurance broker Willis Re is the first to issue an estimate of insured losses from this weeks European windstorm Christian for the UK. The UK was the first country to be directly hit by Christian and Willis Re estimates insured losses will be between £300m and £500m.The estimate from Willis read the full article →

Plenum: No impact expected to cat bonds from European windstorm Christian

Swiss insurance-linked securities and catastrophe bond investment manager Plenum Investments has issued a statement saying that it does not expect losses from European windstorm Christian to reach the attachment point of any exposed catastrophe bonds.The European windstorm, named Christian, St Jude, Carmen or Simone, depending on the forecasting organisation, blew read the full article →