Loss Announcement:

PERILS discloses fourth and final loss estimate for windstorm «Christian» of EUR 1’144m

Zurich - 27 Oct 2014

PERILS AG has today disclosed its fourth and final loss estimate for Windstorm Christian which affected Western and Northern Europe from 27 to 29 October 2013. 

The fourth and final loss estimate of the property insurance market loss for Christian is EUR 1’144 million. This compares to the third loss estimate of EUR 1’091 million which was issued by PERILS on 27 April 2014. 

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.