Swiss-based consulting firm PERILS has issued its third loss report for windstorm Andrea, which affected the UK and Western Europe in January 2012.
The updated property market loss estimate for Andrea is €337 million [$422 million], compared to the second loss estimate of €309 million [$387 million] which was issued on April 4, 2012.
The fourth loss estimate for Andrea will be published in January 2013.
Source: PERILS
Was this article valuable?
Here are more articles you may enjoy.
How Insurers Know When It’s Time to Scale AI 
Ship Insurers Set for Major Claims From Iran War, Allianz Says 
Need Wind Mitigation? New Florida Insurer Wants to Help With That 
Bayer’s Supreme Court Win in Roundup Case No ‘Silver Bullet’ 
