RMS estimates total Dudley and Eunice losses at EUR3bn-EUR4.5bn

Giovanna Bellotti Azevedo

February 25, 2022

London, UK, 18th Feb, 2022, Storm Eunice caused damage to four properties in Kilburn Park Road as the the capital was given a rare red weather warning by the Met Office. Whole sections of masonry fell from house frontages and fell onto the ground below in

Modeling agency RMS estimates that windstorms Dudley and Eunice will cost the industry between EUR3bn ($3.4bn) and EUR4.5bn ($5.1bn) – with Eunice alone expected to contribute between EUR2.5bn ($2.8bn) to EUR3.5bn ($3.9bn) to the overall insured loss total.

This estimate would rank Eunice as the most damaging European windstorm event since Kyrill in 2007, the statement said.

Storms

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Topics

News Treaty Reinsurance Claims and losses

Giovanna Bellotti Azevedo

Editor