Catastrophe data firm says new estimate is based on more detailed information
Catastrophe data firm PERILS has increased its loss estimate from October’s St Jude storm to €1.09bn (£899m).
The storm, also known as Christian. hit western and Northern Europe between 27 and 29 October 2013 and caused storm damage and flooding in the UK.
The new estimate is 2% higher than the €1.07bn estimate PERILS issued on 27 January.
The company said the new estimate is based on more detailed data, with loss information available by CRESTA zone (two-digit postcode level) and by property line of business.
PERILS will publish its fourth St June loss estimate on 27 October.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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