European windstorm Xaver

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PERILS puts final European windstorm Xaver loss estimate at €763m

PERILS AG, a Zurich, Switzerland headquartered provider of industry-wide European catastrophe exposure, industry loss data and indices, has released its final insurance industry loss estimate for European windstorm Xaver with a total of €763m.European windstorm Xaver hit Western and North Europe on the 5th and 6th December 2013, with the read the full article →

PERILS increases European windstorm Xaver loss estimate to €759m

PERILS AG, the Swiss-based provider of industry-wide European catastrophe insurance exposure, industry loss data and indices, has disclosed its third industry-wide insured loss estimate for European windstorm Xaver, increasing it from €727m to €759m.European windstorm Xaver struck Western and Northern Europe on the 5th and 6th December 2013, with the bulk read the full article →

PERILS increases loss estimate for European windstorm Xaver

Zurich based PERILS AG, a provider of industry-wide European catastrophe insurance exposure, industry loss data and indices widely used by insurance-linked securities issuers, has upped its loss estimate for European windstorm Xaver to €727m.When PERILS first reported on European windstorm Xaver six weeks ago, which struck Western and Northern Europe read the full article →

PERILS: €680m initial loss estimate for European windstorm Xaver

Zurich-based PERILS AG, provider of industry-wide European catastrophe insurance exposure, industry loss data and indices widely used by insurance-linked securities issuers, has released an initial loss estimate for December's European windstorm Xaver.Windstorm Xaver struck Western and Northern Europe on the 5th and 6th December 2013, one of a number of read the full article →

AIR: European windstorm Xaver insured loss €700m to €1.4 billion

Risk modelling firm AIR Worldwide has released an estimate of the insurance industry losses from last weeks European windstorm Xaver. AIR estimates an insured loss of €700m to €1.4 billion but only from Xaver's wind impact, not including surge or flood.AIR Worldwide said that the majority of the losses within read the full article →

Credit Suisse puts windstorm Xaver insured loss at €1.4bn to €1.9bn

Insurance-linked securities (ILS) and reinsurance-linked investment manager Credit Suisse has issued its first estimate for the insurance industry loss tally likely to stem from last week's European windstorm Xaver.Credit Suisse puts an early estimated range of €1.4 billion to €1.9 billion, approximately $1.9 billion to $2.6 billion, as the likely read the full article →

Flood defences keep windstorm Xaver insured losses down

Investment in flood defences across Northern Europe have proved their worth and will likely keep insured losses from European windstorm Xaver significantly lower than they would have been a decade or two earlier, according to experts.European windstorm Xaver, which struck Northern Europe last week from the 5th December, brought with read the full article →

ILS fund managers expect no cat bond impact from windstorm Xaver

Two insurance-linked securities (ILS) investment management firms have provided updates stating that they do not expect any impact to catastrophe bonds from last week European windstorm Xaver.Windstorm Xaver tore through Northern Europe last last week, impacting the UK, Denmark, Germany, Norway, Sweden and Poland with hurricane force winds and a read the full article →

European windstorm Xaver; updates from risk modellers

European windstorm Xaver has now begun to dissipate, having impacted many northern European countries and caused widespread damage from high winds, which reached hurricane force and above, as well as the worst storm surge seen in 60 years.It's still far too early to predict the level of insurance industry losses read the full article →

PERILS to assess European windstorm Xaver industry loss potential

Zurich based PERILS AG, independent provider of industry-wide European catastrophe insurance loss data and indices to reinsurers and ILS specialists, told Artemis today that it will be analysing the impacts of European windstorm Xaver to assess whether it has caused a sufficient insurance industry loss to qualify for full reporting.PERILS read the full article →