Loss Announcement:

PERILS discloses fourth and final loss estimate for windstorm «Andrea» of EUR 336m

Zurich - 04 Jan 2013

PERILS AG has today disclosed its fourth and final loss estimate for Windstorm Andrea which affected the UK and Western Europe from 4 to 5 January 2012. 

The fourth and final loss estimate of the property insurance market loss for Andrea is EUR 336 million. This compares to the third loss estimate of EUR 337 million which was issued by PERILS on 4 July 2012.

In line with the PERILS loss reporting schedule this final loss estimate is being published 12 months after the event occurred.

For subscribers to the PERILS Database, this loss estimate is provided under the «Industry Loss» section and is again available in full resolution, i.e. by CRESTA zone and by the property sub-lines Residential, Commercial, Industrial and Agricultural.