Windstorm Niklas News

RMS Estimates Insured Losses From Windstorm Niklas Could Hit $1.5B Euro

RMS, the a global catastrophe risk management firm, estimates that insured property losses from Windstorm Niklas will fall between 750 million and 1.5 billion euro. Losses in Germany will account for around three quarters of the total loss. The loss …

Windstorms Mike, Niklas Cause $1B Damage in Europe

Windstorms Mike and Niklas, which swept across Europe last month, killing nine people and severely damaging parts of Germany, probably cost insurers more than $1 billion, Aon Plc said. The hurricane-force winds also struck portions of the U.K., Netherlands, Switzerland, …