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Perils ups Egon loss estimate to EUR275mn

13 July 2017

Industry loss aggregator Perils has increased its loss estimate for extratropical cyclone Egon by 15 percent, to EUR275mn ($314mn), in a statement published yesterday (12 July).

Perils previously estimated losses from the January windstorm at EUR234mn ($248mn) in its second release on the event, published in April.

Windstorm Egon hit parts of France and Germany in January, and while the majority of the losses occurred in these countries, Perils noted in its initial release on the event that other countries...

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