PERILS published data for the five biggest European storms since 1999

Zurich-based European catastrophe modeler PERILS published its property insurance loss estimates for the five biggest storm events in Europe since 1999.

The storms include Anatol (1999), Lothar (1999), Martin (1999), Jeanett (2002) and Kyrill (2007). PERILS has already produced loss estimates for windstorms Klaus (2009) and Xynthia (2010).

The original insured property losses based on the PERILS methodology are:

Storm Name / Event Start Date / Original Loss* / Captured Territories

Anatol Dec 1999 EUR 1849m Denmark, Germany

Lothar Dec 1999 EUR 5768m Belgium, France, Germany, Luxembourg, Switzerland

Martin Dec 1999 EUR 2454m France, Switzerland

Jeanett Oct 2002 EUR 1264 m Belgium, France, Germany, the Netherlands, Switzerland, the United Kingdom

Kyrill Jan 2007 EUR 3651m Belgium, France, Germany, Ireland, Luxembourg, the Netherlands,

The estimates represent the insured market-wide property losses as at the time of the event and include the following nine countries: Belgium, Denmark, France, Germany, Ireland, Luxembourg, the Netherlands, Switzerland and the United Kingdom.

Losses covered by government insurance schemes such as CatNat in France are excluded.

*Insured property loss as at the time of the event, excluding government insurance schemes. Forex rates as at event start date. Losses are available per country. Note that extrapolation to market level is performed on country loss data (as opposed to per-CRESTA zone loss data) and is based on a smaller market coverage than currently captured by PERILS. As a result, the industry loss estimates for these five storm events will not be as accurate as the loss estimates produced by PERILS for windstorms Klaus (Jan 2009) and Xynthia (Feb 2010).