11 December 2017Insurance

Cyclone Herwart losses at €252m

The insured property losses caused by extratropical cyclone Herwart that affected Austria and Germany in October are estimated to be at €252 million, according to data provider PERILS.

In Germany, Herwart caused strong gusts in Northern and Eastern Germany on Oct. 29, 2017. The rapid passage of the extratropical cyclone meant that the extreme winds only lasted for two to three hours. The highest gust value was 176 km/h, which was recorded on the Fichtelberg in East Germany (Saxony).

In Austria strong gusts mainly affected the eastern half of the country, including the states of Upper and Lower Austria, Vienna, Salzburg, Styria and Burgenland. The highest gust was measured at 180 km/h on the Feuerkogel Mountain.

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3 November 2017   Storm Herwart has caused insured losses of €250 million to German insurers, according to actuarial consultancy firm Meyerthole Siems Kohlruss.