Perils AG estimates €3.3bn insured loss from August European convective storms
The initial estimate covers storms in France, Germany, Switzerland and Italy, AM Best reported on October 19.
At a glance
Perils AG estimates insured losses of €3.30 billion ($3.7 billion) from severe convective storms that hit France, Germany, Switzerland and Italy in August.
AM Best reported the figure on October 19, and the available text gives only the four-country aggregate alongside the euro and dollar amounts.
Perils AG estimates insured losses of €3.30 billion ($3.7 billion) from severe convective storms that hit France, Germany, Switzerland and Italy in August.
AM Best reported the figure on October 19, and the available text gives only the four-country aggregate alongside the euro and dollar amounts. It does not break the loss down by country or peril or say whether Perils will revise the estimate.
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