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PERILS issues revised property loss estimate for Italy earthquakes

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Switzerland-based provider of European catastrophe insurance data, PERILS A.G. has issued a revised estimate of €125 million ($134.3 million) in property insurance market loss caused by the series of earthquakes in Central Italy between 26 and 30 October 2016, reported Romanian Insurance 1asig.ro. 
This is the second loss estimate issued by PERILS following its initial loss estimate of EUR 31 million, which was issued on 7 December 2016.

Read morehttp://insurance.1asig.ro/PERILS-October-earthquake-s-in-Central-Italy-losses-revised-to-EUR-125-million-article-2,3,100-8960.htm