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AIR estimates winter storm will cost up to €3bn

A man with an umbrella sheltering from a thunderstorm

Winter storm Xynthia, which hammered mainland Europe over the weekend, will cost up to €3bn, modelling agency AIR has said.

The winter storm hit Germany, France, Belgium, Portugal, Spain, the Netherlands and Spain, claiming 62 lives.

“Xynthia brought with it a potent combination of hurricane-force gusts and torrential

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Paul Morden, Munich Re

Paul Morden, CEO of Munich Re UK’s branch is responsible for shaping and delivering reinsurance strategy across the UK and Ireland.

Jason Richards, Swiss Re

As CEO for UK & Ireland at Swiss Re, Jason Richards sits at the centre of one of the most influential reinsurance platforms in the London market, shaping how insurers respond to an increasingly volatile and complex risk environment.

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