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International

Credit Suisse estimates insured loss from European windstorm Xaver at $1.9 billion to $2.6 billion

December 13, 2013 Reprints

Insured losses from Europe's windstorm Xaver will range between €1.4 billion ($1.93 billion) to €1.9 billion, estimates Credit Suisse Group A.G.

Credit Suisse does not expect the loss from Xaver to be as significant as that caused by European windstorm Christian, Artemis.bm reported.

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Credit Suisse estimates insured loss from European windstorm Xaver at $1.9 billion to $2.6 billion

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