Extratropical cyclone Zeus insured losses at up to €272m
The insured property market losses from extratropical cyclone Zeus, which primarily affected France on 6 and 7 March 2017, has reached €272 million, according to Zurich-based catastrophe insurance data provider PERILS.
PERILS has disclosed its fourth and final loss estimate issued twelve months after the event. This compares to the third estimate of €284 million which was issued six months after the event.
The loss estimates are based on actual loss data collected from insurance companies, by CRESTA zone and property line of business.
The highest gust value during Zeus – 193km/h – was recorded in Camaret-sur-Mer in Brittany. In south-eastern France, gusts of 185 km/h and 157km/h were measured in St Raphael in the Côte d'Azur and Ajaccio in Corsica respectively.
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