Insurance Post

Perils loss estimate for Storm Desmond falls by £65m

cumbira-floods

Catastrophe data firm Perils has revised its loss estimate from Storm Desmond down to £597m, from £662m in its last report.

The third loss estimate for the property insurance market includes all floods from 4-20 December 2015 linked to Storm Desmond and other low pressure systems.

Perils' second loss estimate - issued on 4

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