Perils to investigate European windstorms Niklas and Mike

Posted On: Apr. 3, 2015 12:00 AM CST

Perils A.G. willl investigate the two recent European windstorms Niklas and Mike that hit several countries in the region.

Storm Niklas is likely to have an effect on the insurance sector, Artemis.bm reported. Perils said the two storms may result in insurance industry losses worth more than €200 million ($215 million). It plans to investigate Niklas and Mike as two separate storms.