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perils
PERILS ups industry loss estimate for Queensland & New South Wales storms to AUD 2.95bn
27th February 2026
PERILS, the Zurich-based catastrophe insurance data provider, has increased its insurance industry loss estimate for the Queensland and New South Wales Severe Convective Storms (SCS) that occurred 21 to 27 November 2025, to AUD 2.95 billion. This second estimate compares to the initial loss estimate of AUD 2.663 billion issued ... Read the full article
PERILS places first industry loss estimate from Victoria Bushfires at AU$786m
26th February 2026
PERILS, the Zurich-based catastrophe insurance data provider, has provided its first insurance industry loss estimate for the Victoria Bushfires, which took place from 7 to 13 January 2026 at AU$786 million. The PERILS estimate of the insurance market loss for the event is based on loss data collected from the affected ... Read the full article
PERILS issues final industry loss estimate of €765m for Windstorm Éowyn
26th January 2026
PERILS, the independent Zurich-based organisation that provides industry-wide catastrophe insurance data, has published its fourth and final industry loss estimate for Windstorm Éowyn, which affected the British Isles on 24 and 25 January 2025, with PERILS stating that the final estimate of the insured market loss stands at €765 million. Read the full article
PERILS lifts industry loss estimate for windstorm Éowyn to €747m
28th July 2025
Zurich-domiciled catastrophe insurance data provider, PERILS, has upped the industry loss for its third estimate for extratropical windstorm “Éowyn”, also known as “Gilles”, to €747 million from €696 million in April. The third estimate compares to the previous loss estimates of €619 million in March, six weeks post the ... Read the full article
CatIQ releases CAD 342m loss estimate for March 2025 ice storm in Ontario and Quebec
30th April 2025
CatIQ, an independent Toronto-based provider of catastrophe insurance data and a subsidiary of PERILS, has released its initial industry loss estimate for the ice storm that struck Ontario and Quebec between March 28 and 31, 2025. The preliminary estimate, issued three weeks following the event, stands at CAD 342 million. This ... Read the full article
Final industry loss estimate for Australia Christmas storms raised to AU $1.60bn: PERILS
20th December 2024
Zurich-based catastrophe insurance data provider PERILS has released its fourth and final insurance industry loss estimate for the Australia Christmas storms which impacted the the states of Victoria, New South Wales, and Queensland during the period of 23 - 29 December 2023, lifting the figure to AU $1.606 billion. PERILS ... Read the full article
PERILS revises insured loss estimate for southern Germany floods to €1.58bn
6th December 2024
Zurich-based catastrophe insurance data provider PERILS has revised its industry loss estimate for the third time, confirming the total cost of the floods in southern Germany, which occurred between May 31st and June 6th, 2024, at €1,582 million. To recap, southern Germany experienced severe flooding in the states of Baden-Wuerttemberg and ... Read the full article
US insurers to benefit from Nearmap peril models following approval in 27 jurisdictions
25th November 2024
Nearmap, a provider of property intelligence to insurers, has received regulatory approval for its predictive AI-powered peril models and scores to be adopted for rating and pricing in 26 states, plus Washington, D.C. The AI models developed by Nearmap are used in predictive vulnerability and claim scores covering wildfire, hurricane, wind, ... 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
PERILS places insured losses from southern Germany floods at €1.6bn
18th July 2024
Zurich-based catastrophe insurance data provider PERILS has disclosed an initial industry loss estimate of €1.568 billion (USD 1.74 billion) for the floods in southern Germany from 31st May to 6th June 2024. The estimate provided by PERILS is based on loss data collected from affected insurers, and in line with its ... Read the full article
PERILS raises industry loss for 2023 Australia Christmas storms to AU$1.6bn
1st July 2024
Zurich-based catastrophe insurance data provider PERILS AG, has provided a third update on the insured loss estimate for the Australia Christmas storms which impacted the states of Victoria, New South Wales, and Queensland during the period of 23 to 29 December 2023, lifting the figure to AU$1.563 billion (US$1.04 billion). Read the full article
PERILS raises industry loss estimate for Babet-Aline floods and storms to €691m
22nd April 2024
PERILS, the Zurich-based catastrophe insurance data provider, has disclosed its third industry loss estimate for the floods and storms caused by low-pressure systems Babet (Viktor) and Aline (Wolfgang) over the British Isles and northwestern Europe in October 2023, increasing it to €691 million. PERILS’ previous loss estimates was €683 million, ... Read the full article
PERILS ups industry loss estimate for windstorm Ciarán to €1.94 billion
5th February 2024
Zurich-based catastrophe insurance data provider PERILS has disclosed its second industry loss estimate for extratropical windstorm “Ciarán”, also known as “Emir”, upping the figure to €1,937 million. This updated estimate is based on claims data collected from affected insurance companies in France, Belgium, the United Kingdom, and the Netherlands, and Read the full article
PERILS ups industry loss estimate for Babet-Aline floods and storms to €683m
22nd January 2024
Zurich-based catastrophe insurance data provider PERILS has disclosed its second industry loss estimate for the floods and storms caused by Babet (Viktor) and Aline (Wolfgang) over the British Isles and northwestern Europe in October 2023, increasing the figure to €683 million. This compares to an initial loss estimate of 509 ... Read the full article
PERILS releases initial industry loss estimate of €1.9bn from storm Ciarán
15th December 2023
Zurich-domiciled catastrophe insurance data provider, PERILS, has disclosed an initial industry loss estimate for extratropical windstorm Ciarán, also known as Emir of €1.889 billion. The storm affected France, Belgium, the United Kingdom, and the Netherlands from the 1st-2nd November 2023, with damaging wind gusts. The resulting industry losses were typical for ... Read the full article
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