Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018

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Perils estimates Cyclone Eleanor losses at EUR643mn

  • Laura Board 13 February 2018
  • Catastrophe data aggregator Perils has issued a EUR643mn ($789.3mn) initial loss estimate for extra-tropical Cyclone Eleanor, which struck swathes of western and central Europe on 2 January and 3 January.

    Eleanor, also called Burglind, hit Austria, Belgium, France, Germany, Ireland, Luxembourg, the Netherlands, Switzerland, and the UK, causing significant damage across that wide area.

    Gusts exceeded 160km/h in Switzerland, France and Germany, where most of the insured losses occurred.

    It killed six people in France.

    Perils noted that industry loss...

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