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International

Perils pegs insured European windstorm losses at over $736 million

April 23, 2024 Reprints

Swiss catastrophe data provider Perils AG has pegged its insured loss estimate for European windstorms Babet and Aline, which affected the region in October 2023, at €691 million ($736 million), slightly up from the previous estimate of €683 million released in January, Artemis reported. Storms and flooding caused by the windstorms affected the British Isles and north-western Europe during the period.

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Perils pegs insured European windstorm losses at over $736 million

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