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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More on this story

Insurance
17 July 2018   The re/insurance industry loss from extratropical cyclone Friederike (also called David) has reached €1.68 billion, according to Zurich-based catastrophe insurance data provider PERILS.
Insurance
28 February 2018   The re/insurance industry loss from extratropical cyclone Friederike (also called David) is currently estimated at €1.466 billion, according to the Zurich-based catastrophe insurance data provider PERILS.
Insurance
9 February 2018   Windstorms Friederike, Eleanor and Carmen which hit Western and Central Europe in January are expected to cost European insurers more than $2 billion losses, according to Aon Benfield.