12 August 2014 Insurance
Windstorm Tini losses hit €281m
PERILS AG has disclosed its third loss estimate for windstorm Tini, also known as Darwin, raising the amount to €281 million.
Windstorm Tini affected Ireland and the UK on February 12 and 13, 2014.
This compares to the second loss estimate of €253 million which was issued by PERILS on May 12, 2014.
In line with the PERILS loss reporting schedule, the fourth loss estimate for Tini will be published on February 12, 2015.
