Losses for windstorm Thomas estimated at €249m

PERILS has released its second loss estimate for windstorm Thomas, which was also known as Doris. It hit the UK, the Netherlands, Belgium and Germany on 23 and 24 February 2017.

The revised estimate of the property insurance market loss is €249 million. This compares to the initial loss estimate of €213 million which was issued by PERILS on 6 April, 2017.

In line with the PERILS loss reporting schedule, the third loss estimate for Thomas will be published on 23 August 2017.

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