European windstorm Christian

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 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.

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.

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.

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.

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.

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.

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.

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.

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.