Perils pegs Storm Ciarán losses at EUR1.9bn
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Perils pegs Storm Ciarán losses at EUR1.9bn

Aisling Finn
15 December 2023
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Perils has released its initial industry loss estimate for windstorm Ciarán, estimating that the weather event caused EUR1,889mn ($2,076mn) in insured losses.

It said the “vast majority” of industry losses relating to wind damage were reported in France (EUR1,593mn).

Ciarán made landfall in southwestern England on 2 November at 952 millibars, the lowest pressure ever recorded in England and Wales for November.

Gusts...

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