Zurich-based catastrophe insurance data provider PERILS has disclosed its second industry loss estimate for extratropical windstorm “Goretti”, also known as “Elli”, placing the insurance market loss at €479 million.
The loss estimate, which covers the property and motor lines of business and is based on loss data collected from affected insurers, compares to an initial loss estimate of €467 million, which was issued by PERILS on 20 February 2026, six weeks after the event end date.
PERILS described windstorm Goretti as a “very intense extratropical cyclone” which generated high winds over the English Channel and affected the neighbouring land areas.
Northern France, and in particular the departments of Manche and Calvados, and Cornwall at the southwestern tip of England, were most affected.
According to PERILS, windstorm Goretti marks the second-largest European windstorm event loss in the 2025/26 season, behind windstorm Nils, which struck one month later.
Luzi Hitz, Product Manager at PERILS, commented, “At this stage, it is relatively safe to conclude that the 2025/26 European windstorm season has ended.
“Like the previous season, the losses experienced were relatively benign, with only two moderately impactful windstorms – Goretti and Nils – exceeding our loss capturing threshold of €300m for any one country or €500m for a Europe-wide event.”
Hitz continued, “While the impact of this season on the re/insurance industry has been more limited, recent history shows that European windstorm seasons can be considerably more severe.
“For example, the 2023/24 season witnessed Windstorm Ciaran, which generated insured losses of €2,067 million at the time, while the 2021/22 season saw a storm series with Dudley, Eunice and Franklin (also known as Ylenia, Zeynep and Antonia) generating a combined loss of €3,851 million. Re/insurers should therefore remain well prepared for the potential of more severe seasons ahead.”
PERILS noted that an updated estimate of the market loss for Windstorm Goretti in the form of a loss footprint by CRESTA zone and lines of business will be made available on 9 July 2026, six months after the event end date.
