European windstorm Niklas

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Windstorm Mike-Niklas final loss estimate is reduced €816m: PERILS

The fourth and final insurance industry loss estimate for European windstorms Mike & Niklas has been released this morning by PERILS AG and it sees the total reduced again to €816m, now 4% lower than the initial loss estimate.European windstorms Mike-Niklas have clearly been difficult events to estimate the insurance, read the full article →

Windstorm Mike-Niklas loss estimate lowered 8% to €826m: PERILS

The third insurance industry loss estimate for European windstorms Mike & Niklas has been released this morning by PERILS AG and it sees the estimate reduced by almost 8% to €826m, taking it below the initial loss estimate.European windstorms Mike-Niklaus are two storms which have been reported on together, due read the full article →

Windstorm Mike-Niklas insured loss up by 5% to €895m: PERILS

The scheduled second estimate for insurance industry losses from European windstorms Mike & Niklas has released this morning at €895m by PERILS AG, an increase of 5% since the first loss estimate from back in May.European windstorms Mike-Niklaus, two storms being reported on together due to the proximity of time read the full article →

Windstorm Mike-Niklas insured loss estimated at €853m: PERILS

The initial estimate for insurance industry losses from European windstorms Mike & Niklas has been put at €853m by PERILS AG. The storms caused significant damage across Europe, with the majority of the impact being felt in Germany.European windstorm Mike - Niklas, known as Lentestorm in the Netherlands, struck Europe read the full article →

RMS: European windstorm Niklas industry loss €750m to €1.5B

Risk modelling firm RMS has issued an insurance industry loss estimate for European windstorm Niklas, a late-season storm that struck northern Europe at the end of March causing significant damage across a number of countries, but with Germany taking the brunt.The estimate from RMS puts the industry insured losses from read the full article →

European windstorm Niklas losses in the billions: Aon Benfield

Adverse weather events consisting of hail, heavy rain, snow and intense windstorms such as Niklas devastated parts of Europe during March, causing expected economic and insured losses in the billions, according to Aon Benfield’s Impact Forecasting unit.Reinsurer Aon Benfield’s catastrophe model development division, Impact Forecasting has published its latest ‘Global read the full article →

European windstorm Niklas losses €1B to €1.9B: AIR Worldwide

Risk modelling firm AIR Worldwide estimates that the insurance industry loss from recent European windstorm (or extratropical cyclone) Niklas will range between €1 billion to €1.9 billion.European windstorm Niklas struck northern Europe on the 30th March, causing damage across a number of countries in the region. PERILS AG, the European read the full article →

PERILS to investigate European windstorms Niklas and Mike

PERILS AG, Zurich based provider of industry-wide European catastrophe exposure, industry loss data and indices, will investigate the two recent European windstorms that impacted a number of European markets, Niklas and Mike.As Artemis wrote yesterday, storm Niklas is expected to have an impact on the insurance industry, with the potential read the full article →

Insurance losses from storm Niklas not expected to trouble cat bonds

Damage from wind storm Niklas, which struck northern European countries, particularly Germany, over the last day or so is not expected to amount to insurance or reinsurance industry losses that would come near troubling catastrophe bonds.Storm Niklas is one of the strongest wind storms to impact Europe in recent years, read the full article →