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PERILS estimates initial insured losses of €3.296bn from SCS Raphaela
PERILS, the independent Zurich-based provider of catastrophe insurance market data, has released its initial industry loss estimate for the severe convective storms (SCS) that affected France, Germany, Switzerland and Italy from 26 to 28 August 2026, placing losses at EUR 3,296 million. The storms are also known as “SCS Raphaela”. From 26 to 28 August […] The post PERILS estimates initial insured losses of €3.296bn from SCS Raphaela appeared first on ReinsuranceNe.ws .
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