Login Register Subscribe
Current Issue

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”.

Windstorm loss estimate increases

Reprints

Insured property losses from windstorm Elon-Felix, that hit Western and Northern Europe from Jan. 8 to 11, totaled about €335 million ($367.6 million), according to the latest estimate by catastrophe loss data company Perils A.G.

Zurich-based Perils on Wednesday released its second loss estimate for insured damages from the storm which was up slightly from a previously estimated €328 million ($359.9 million) loss.

The storm also was known as Dagmar-Egon in Denmark and Sweden, and as Nina in Norway. Most of the damage caused by the storm was in Denmark, Germany, Norway, Sweden and the United Kingdom.

Perils will report a third loss estimate for the storm on July 8.