23 June 2014 Insurance

PERILS increases Dirk loss estimate to €370m

PERILS AG has disclosed its third loss estimate for windstorm Dirk, raising the amount to €370 million.

Windstorm Dirk affected the UK and France from December 23 to 25, 2013.

PERILS initial loss estimate was €275 million, rising to €352 million for the second estimate.

In line with the PERILS loss reporting schedule, the fourth loss estimate for Dirk will be published on 23 December 2014.

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