Insured losses from Winter Storm Kyrill will be more than $5 billion, a Boston-based catastrophe modeling firm announced.

AIR Worldwide on late Friday put its estimate of the two-day storm that struck Europe with hurricane-force winds at between 4 billion euros and 8 billion euros, or $5.2-to-$10.4 billion.

The storm caused significant travel and power disruptions, flooding, and building damage over a large part of Europe including the United Kingdom, France, the Netherlands and Germany, AIR reported.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.