Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Perils issues final Cyclone Zeus damage estimate

Reprints
Perils issues final Cyclone Zeus damage estimate

Cyclone Zeus caused an insured property market loss of €272 million ($337 million), according to Perils A.G.

The low-pressure system primarily affected France in early March 2017, causing major wind gusts as high as 193 kph (120 mph) in the northern part of the country, the Zurich-based catastrophe loss data company said Tuesday in a statement.

The insured losses from Zeus were initially estimated at about €192 million, but the company raised its estimate to €284 million in September before issuing its lower final insured loss figure Tuesday.

 

 

 

 

Read Next

  • Cyclone Herwart losses likely to reach $300 million: PERILS

    Switzerland-based catastrophe insurance market data provider PERILS A.G. said that cyclone Herwart caused an estimated €252 million ($296.4 million) in insured and reinsured losses globally, Artemis.bm reports. The storm struck several countries in Europe including Austria, Germany, Denmark, Poland, the Czech Republic and Slovakia on Oct. 29.