PERILS AG has raised its industry loss estimate for Windstorm Éowyn by 7% to 747 million euros ($864 million), Artemis reported. The January 2025 storm, which struck Ireland, Northern Ireland and central Scotland with gusts up to 115 miles per hour, caused the biggest windstorm loss in Ireland in over 45 years.
Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.