Reinsurance News

Italy

PERILS ups October 2016 Italy earthquake insured losses to $246mn

26th October 2017

PERILS has placed the final loss estimate for the 2016 October earthquake series in central Italy at U.S. $245.6 million, nearly double its January loss estimate of U.S. $146 million, which was issued three months after the event. The three major earthquakes with moment magnitudes of Mw 5.4, 5.9 and 6.5 ... Read the full article