21 February 2018

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Perils estimates Ophelia insured losses of $72mn

27 November 2017

Catastrophe data specialist Perils has estimated insured losses in the UK and republic of Ireland from ex-Hurricane Ophelia at EUR60mn ($71.6mn) in a release today (27 November).

Perils said the storm, which made landfall in Ireland on 16 October, caused EUR49mn ($58.5mn) of damage in the country, with another EUR10mn ($12mn) of damage occurring in the UK.

The company said that as the losses are significantly below its data capture threshold of EUR200mn for European windstorms, it would issue no...

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