AIR Estimates Losses from European Windstorm Xaver at Between EUR 700 Million and EUR 1.4 Billion

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BOSTON, Dec. 12, 2013 – Catastrophe modeling firm AIR Worldwide estimates that insured wind losses from Extratropical Cyclone Windstorm Xaver will range between EUR 700 million and EUR 1.4 billion, with the majority of the losses in Denmark, Germany, and the UK. Losses also occurred in the Netherlands, Belgium, Sweden, and Norway. The strong extratropical cyclone (ETC) known as Xaver came ashore on Thursday, December 5, in Scotland with wind speeds comparable to those of a Category 1 hurricane. It then headed south and moved across the North Sea to…

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Northern Europe Cleans Up After Extratropical Cyclone Xaver: AIR

flood insurance

BOSTON, Dec. 10, 2013 – According to catastrophe modeling firm AIR Worldwide, last week, Extratropical Cyclone Xaver affected large parts of northern Europe, particularly the United Kingdom, Northern Ireland, Germany, the Netherlands, Belgium, Denmark, southern Sweden, Poland, and the Czech Republic. Xaver followed approximately five weeks after Windstorm Christian battered Denmark, Germany, the Netherlands, France, UK, and Sweden in late October. AIR estimated insured losses of between EUR 1.5 billion and EUR 2.3 billion from Christian. “Hurricane-force winds caused widespread power outages and travel disruptions throughout the region, but the…

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