“While the impact of this season on the re/insurance industry has been more limited, recent history shows that European windstorm seasons can be considerably more severe. For example, the 2023/24 season witnessed Windstorm Ciaran which generated insured losses of EUR 2,067 million at the time, while the 2021/22 season saw a storm series with Dudley, Eunice and Franklin (also known as Ylenia, Zeynep and Antonia) generating a combined loss of EUR 3,851 million. Re/insurers should therefore remain well prepared for the potential of more severe seasons ahead,” said Hitz.
