Zurich - 06 Dec 2024
EUR 1,582m - PERILS releases industry loss footprint for the floods in southern Germany of early June 2024
PERILS has today disclosed its third industry loss estimate for the floods in southern Germany which occurred during the period of 31 May to 6 June 2024.
In its third loss report, provided in the form of an industry loss footprint at CRESTA zone resolution, PERILS estimates that the event has cost the insurance industry a total of EUR 1,582 million. This industry loss figure is based on detailed loss data collected from affected insurers and covers the property line of business.