European storm Zeus losses rise 6%

Loss tracking agency Perils said that industry insured losses
for extratropical cyclone Zeus, which hit France in March, had
risen 5.6 percent from its previous estimate to EUR284mn
($338.9mn).
The estimate means ranks Zeus as a moderate event on the
European scale, as it is a loss figure that would be expected to be
reached or exceeded at least once a year, said Perils CEO Luzi
Hitz.
"For the French market alone, however, it represents a more
significant event as...