AIR: Winter Storm Eberhard could cost E1.5bn

Cat risk modelling firm AIR Worldwide has estimated insured losses due to wind from Winter Storm Eberhard will range from E900m to E1.5bn, the majority of which are expected in Germany.

Winter Storm Eberhard follows on the heels of Freya/Bennet, which affected Wales and England on 3rd March, bringing strong winds and some flooding, then impacted Germany and parts of France and Denmark through to 5th March Laura/Cornelius, which affected the UK and Scandinavian countries later the same week; and Dragi, which affected Northern Europe just before Eberhard.

On March 9-10 Eberhard first struck the UK, the Netherlands, and Belgium, then began impacting Germany and finally headed farther east, affecting Austria, the Czech Republic, and Poland. Local authorities reported felled trees, power outages, and travel disruption, including rail, road, and aviation.

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