Reinsurance News
PERILS AG
PERILS launches SCS industry loss reporting service for Europe, Japan, and NZ
31st July 2025
PERILS AG, a Zurich-based catastrophe insurance data provider, has announced the inclusion of Severe Convective Storm (SCS) industry loss reporting for Europe, Japan, and New Zealand. The new service builds on PERILS’ existing SCS coverage in Australia and Canada. In Europe, the service will cover Austria, Belgium, France, Germany, Ireland, Italy, Luxembourg, ... Read the full article
PERILS lowers industry loss estimate for Cyclone Alfred 12% to AUD 2.25bn
12th June 2025
Zurich-domiciled catastrophe insurance data provider PERILS AG has disclosed its second industry loss estimate for Cyclone Alfred to AUD 2.25 billion, a 12% dip from its initial loss estimate of AUD 2.568 billion issued in April 2025, six weeks after the event. Cyclone Alfred affected the Australian states of Queensland ... Read the full article
PERILS places final industry loss from southern Germany floods at €1.564bn
6th June 2025
Zurich-based catastrophe insurance data provider PERILS has released its fourth and final industry loss estimate for the floods that struck southern Germany between 31 May and 6 June 2024, placing the insured market loss at €1.564 billion. The final figure is reportedly composed of personal lines property losses, which represent 63% ... Read the full article
PERILS lifts industry loss estimate for windstorm Éowyn to €696m
28th April 2025
Zurich-domiciled catastrophe insurance data provider, PERILS, has upped the industry loss in its second estimate for extratropical windstorm “Éowyn”, also known as “Gilles”, at €696 million from €619 million in March. The loss estimate covers the property lines of business and is based on loss data collected from affected insurers. The storm ... Read the full article
PERILS estimates Cyclone Alfred insurance losses at AUD 2.57bn
23rd April 2025
Zurich-based catastrophe insurance data provider PERILS AG has issued its initial industry loss estimate for Cyclone Alfred, placing the total insurance market loss at AUD 2.568 billion. For those unaware, Cyclone Alfred impacted the Australian states of Queensland and New South Wales between 28 February and 12 March 2025. Although the system's ... Read the full article
PERILS adds SCS to 2025 exposure database following major loss events
17th April 2025
Zurich-based catastrophe insurance data provider PERILS AG has added market sums insured for the peril of severe convective storm (SCS) in Europe, Japan, and New Zealand to its 2025 Industry Exposure Database (IED), citing growing demand from re/insurers following multi-billion-dollar loss events in Germany, France, and Italy in recent years. For ... Read the full article
PERILS ups industry loss figure for Sept Central Europe floods to €2.19bn
20th March 2025
Zurich-based catastrophe insurance data provider PERILS has disclosed its third industry loss estimate for the floods in Central Europe and Italy during September 2024, reporting a total of €2.192 billion. For those unaware, in mid-September 2024, the low-pressure system Boris (also known as Anett) brought prolonged heavy rain across Central Europe, ... Read the full article
PERILS places initial industry loss estimate for windstorm Éowyn at €619m
10th March 2025
Zurich-domiciled catastrophe insurance data provider, PERILS, has placed its initial industry loss estimate for extratropical windstorm “Éowyn”, also known as “Gilles” at €619 million, based on loss data collected from the affected insurers. The storm, which generated very strong winds affecting the Republic of Ireland, Northern Ireland, and the Central Belt ... Read the full article
PERILS raises industry loss estimate to €2.08bn for September Central Europe floods
19th December 2024
Zurich-based catastrophe insurance data provider PERILS has updated its industry loss estimate for the floods in Central Europe and Italy from September 14–20, 2024, raising the total to €2.08 billion from the initial estimate of €1.886 billion released last month. Most of the losses were concentrated in Austria, the Czech ... Read the full article
PERILS ups final industry loss estimate for Windstorm Ciarán to €2.1bn
5th November 2024
Zurich-based catastrophe insurance data provider PERILS has disclosed its fourth and final industry loss estimate for Extratropical Windstorm “Ciarán,” increasing the figure to €2.06 billion. The windstorm, also known as “Emir,” impacted France, the United Kingdom, Belgium, and the Netherlands from November 1st to 2nd, 2023. This new estimate compares to the ... Read the full article
PERILS estimates €1.89bn industry loss for September Central Europe floods
4th November 2024
Zurich-based catastrophe insurance data provider PERILS AG has released its initial industry loss estimate for the floods in Central Europe and Italy during the period of 14 to 20 September 2024, pegging the total at €1.886 billion. As a reminder, the low-pressure system Boris (also known as Anett) caused prolonged heavy ... Read the full article
PERILS places final industry loss estimate for Babet-Aline floods and storms at €639m
22nd October 2024
Zurich-domiciled catastrophe insurance data provider, PERILS, has released its final industry loss estimate of €639 million for the floods and storms caused by low-pressure systems Babet (Viktor) and Aline (Wolfgang) over the British Isles and northwestern Europe from October 18th to 22nd, 2023. This new loss figure compares to the previous ... Read the full article
PERILS & CyberAcuView expand US Cyber Loss Index to report unintentional events
23rd September 2024
Zurich-based catastrophe insurance data provider PERILS AG and CyberAcuView have announced the expansion of the US Cyber Industry Loss Index with unintentional (‘accidental’) loss events commencing 1 October 2024. Since launching in September 2023, the index has reported on affirmative US primary cyber market losses resulting from intentional (malicious) systemic cyber ... Read the full article
PERILS updates insured losses from southern Germany floods at €1.590m
6th September 2024
Zurich-based catastrophe insurance data provider PERILS has disclosed its second industry loss estimate of €1.590 million for the floods in southern Germany from 31st May to 6th June 2024. This compares to the initial loss estimate of €1.568 million issued on 18th July 2024, six weeks after the event end ... Read the full article
PERILS issues final insured loss estimate for Turkey earthquakes of $6.2bn
6th August 2024
Zurich-based catastrophe insurance data provider, PERILS AG, has released its final insured property market loss estimate for the Kahramanmaras Earthquake Sequence of TRY 116.9 billion, approximately USD 6.2 billion at February 2023 exchange rates. This new loss figure compares to the previous PERILS estimates of TRY 117.0 billion (USD 6.2bn) ... Read the full article
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