Perils Eva-Frank loss update tops $815mn

Industry loss compilation agency Perils has today (24 March)
increased its estimate for the floods following UK storms Eva and
Frank in December, taking the new total to £578mn ($815mn).
This is the second loss estimate for the event, which Perils had
previously pegged at £526mn.
Together with the losses from the Desmond floods in the first
half of December, which amounted to £662mn, the total industry
property loss for the UK December and January floods now stands at
£1.