Perils AG
Perils final insured loss estimate for Storm Desmond totals £604m
The estimated insured property market losses for Storm Desmond comes in at £604m, according to catastrophe modelling firm Perils.
Perils revises down Desmond flooding costs estimate
Catastrophe data specialist Perils has revised its storm Desmond flood property insurance market loss estimate to £662m down from £717m.
Flood losses caused by storms Eva and Frank hit £526m
Insured property market losses resulting from flooding caused by storms Eva and Frank in December and from further low pressure systems last month totalled £526m, according to the catastrophe insurance data firm Perils.
Perils revises loss estimate from windstorm Elon-Felix to €335m
Independent Zurich-based loss data provider Perils has disclosed its second loss estimate for windstorm Elon-Felix which affected Western and Northern Europe from 8 to 11 January 2015.
Windstorm Tini loss estimate climbs to £224m
A windstorm which rampaged across the UK and Ireland in mid-February is now estimated to have cost the insurance industry €281m (£224m).
Perils raises property loss estimate for windstorm Tini to £206m
Catastrophe data firm Perils has raised its estimate for the property insurance market loss emanating from windstorm Tini to €253m (£206m).
St Jude storm losses hit £898m, according to Perils estimate
Catastrophe data firm Perils has increased its loss estimation relating to windstorm Christian, which wracked the UK at the end of October last year, to €1.091bn (£898.4m).
Sums insured across European windstorm markets rise by 2.3%
The total sums insured across eleven European windstorm markets increased by 2.3% on last year, according to the 2014 Perils Europe Industry Exposure Database.
Perils hikes Windstorm Dirk loss estimate to £294m
Zurich-based catastrophe data firm Perils has increased its property insurance market loss for the windstorm which wracked the UK and France from December 23 to December 25.
Terrorism: Global threat
How has the insurance industry adapted to the steady rise in terrorism and civil unrest across the world in the past decade?
Perils publishes Maximum Flood Extent Map for European floods
Perils AG, the independent Zurich-based provider of industry-wide catastrophe insurance data, today released its Final Maximum Flood Extent Map for the floods which affected Central Europe in June 2013.
Perils provides data for Italian earthquake and flood
Independent catastrophe data provider Perils has extended its coverage to include data for Italian earthquake and flood perils.
Perils puts windstorm Andrea loss at €336m
Independent Zurich-based organisation Perils today disclosed its final loss estimate from Windstorm Andrea as €336m.
Swiss Re obtains hurricane and mortality risks in industry first
Swiss Re has obtained $200m in coverage against North Atlantic hurricane and UK extreme mortality risk through its Mythen Re programme.
Ace launches property offering to fill terrorism gap
Ace Group has launched a property insurance proposition designed to cover the gaps between traditional property, terrorism and political violence insurance policies.
European floods: keeping the funds flowing
Floods are an on-going threat for Europe, yet the approach to insuring and recovering from them is wide and varied. Francesca Nyman investigates how Europe is tackling the issue and what the future is likely to bring.
Perils AG to provide satellite-based flood footprints
Perils AG, a Zurich-based provider of European catastrophe insurance data, will make satellite-based flood footprints available during and after major flood events, as part of an initiative in collaboration with the insurance industry and the European…
More than $3.5bn Perils-based limits at risk
Perils AG has hailed the success of its industry loss index service, with the firm’s head of products describing it as “the industry loss trigger of choice” for transferring European storm risk to reinsurers and capital markets.
Perils updates database and adds floods
Zurich-based European catastrophe insurance data firm Perils has updated its Europe Industry Exposure Database of market-wide property sums insured for European windstorm.
Perils expects €267m losses from Windstorm Andrea
Independent Zurich-based firm Perils has disclosed its initial loss estimate for windstorm Andrea as €267m.
New year European windstorm damage estimated at €267m
Perils has today disclosed an initial loss estimate for windstorm Andrea, which occurred in Western Europe from 4-5 January 2012, of €267m.