26 January 2018Insurance

Storm Friederike insured losses at up to €2.6bn

Losses due to wind from winter storm Friederike will range between €1.3 billion and €2.6 billion, according to catastrophe modelling firm AIR Worldwide.

Friederike’s extreme winds tore across Western Europe on Jan. 17 to 19, damaging buildings in the UK, the Netherlands, Belgium, Luxembourg, France, Germany, Poland, and the Czech Republic. There were reported instances of Friederike’s winds blowing roofs off buildings.

The majority of the losses are expected in Germany, France, the United Kingdom, Belgium, and the Netherlands.

German meteorological services Deutscher Wetterdienst (DWD) stated that winter storm Friederike was one of the strongest since Kyrill struck 11 years ago. Kyrill, however, was considerably larger.

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