Swiss-based consulting firm PERILS has issued its third loss report for windstorm Andrea, which affected the UK and Western Europe in January 2012.
The updated property market loss estimate for Andrea is €337 million [$422 million], compared to the second loss estimate of €309 million [$387 million] which was issued on April 4, 2012.
The fourth loss estimate for Andrea will be published in January 2013.
Source: PERILS
Was this article valuable?
Here are more articles you may enjoy.
How Niche Insurance Shielded Bad Bunny From Bad Weather
Business Interruption Claims Arising From the Middle East Conflict
AI for the Defense: Should Insurers or Law Firms Pay?
Amish Mother and 6 Children Killed in Explosion and Fire at Pennsylvania Home 

