BROKERS & INSURERS

Insured Windstorm Christian losses increased to $1.51B

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Perils A.G. has updated its estimate of insured property losses from Windstorm Christian to €1.09 billion ($1.51 billion).

Windstorm Christian caused major damage across northern and western Europe during October.

In its updated estimate released Monday, the Zurich-based catastrophe insurance data company increased its loss estimate from a previously announced figure of €1.07 billion ($1.48 billion).

The company also said it will again update estimated losses from the storm in October.

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