Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018

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Perils lifts Friederike loss estimate to EUR1.63bn

  • Laura Board 17 April 2018
  • Catastrophe data aggregator Perils lifted its estimate for insured damage from windstorm Friederike to just under EUR1.63bn ($2bn), up about 11 percent from its initial calculation.

    The second loss tally for Friederike, which is also known as David, compared with a February estimate of EUR1.47bn.

    The storm stuck the UK, Belgium, the Netherlands and Germany on 17 and 18 January and killed eight people.

    The majority of the insured losses occurred in Germany and the Netherlands.

    The strongest winds were...

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