Risk Management Solutions recently released damage estimates for Windstorm Kyrill at $3.8 -6.4 billion in insured losses. According to the BBC, Kyrill claimed 47 lives on Jan. 18, 2007, making the storm the most devastating to affect Europe since 1990.
RMS reported that consistent wind damage spread through Belgium, the Netherlands, Germany, Austria, the U.K., Poland, and the Czech Republic. Most of the damage reported was thought to consist of residential and automotive claims.
“While the wind speeds caused by Windstorm Kyrill cannot be ranked alongside the major 1999 Windstorms Lothar, Anatol, and Martin – and the losses are low compared to what would be caused today by a storm such as Daria – Kyrill by nature of its size is a reminder of the loss potential from storms that can impact multiple countries across Europe,” said Barbara Page, lead European windstorm model manager for RMS.
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