Insight and Intelligence on the London & International Insurance Markets 24 Jul 2017
Hailstorm Paul causes EUR400mn in insured losses: MSK
- 3 July 2017
German actuarial firm Meyerthole Siems Kohlruss (MSK) has estimated insured damaged from hailstorm Paul at EUR400mn ($454.7mn).
The weather system passed through Germany on 22 June, and was characterised by a number of small-scale hailstorms, according to MSK managing director Onnen Siems.
The hailstorms extended from the Ruhr area to Göttingen, spreading over almost 300km, with a second intensive band of hail stretching from Cologne/Bonn to Gießen/Marburg.
Regional hail concentrations also occurred in Saarland and in the area of Quedlinburg...
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