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22 April 2024Insurance

PERILS pegs Babet-Aline storm damage at €691m in 6M update

Storms bringing strong winds, heavy rains and flooding to parts of the British Isles and northwestern Europe likely rendered € 691 million in insured losses in mid-October 2023, the independent Zurich-based nat cat tracker PERILS said in its third estimate for the events. 

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