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19 January 2018

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AIR pegs Eleanor losses at EUR1.1bn-EUR1.6bn

11 January 2018

Insured losses from Storm Eleanor, known as Burglind in Germany, will range from EUR1.1bn to EUR1.6bn ($1.3bn-$1.9bn), according to AIR Worldwide.

This would make it the first billion-dollar European storm since Christian in 2013, according to Perils records. The loss tracking agency put Christian's claims at EUR1.14bn.

The majority of Eleanor's losses are expected to stem from Germany, France, the UK, Belgium, Switzerland and the Netherlands, AIR said.

Lower levels of claims are also expected in Austria, the Czech Republic,...


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