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Perils puts final loss estimate for cyclone Thomas at €248M

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Perils puts final loss estimate for cyclone Thomas at €248M

Zurich-based catastrophe insurance data provider Perils said its final loss estimate for the insured property market due to extratropical cyclone Thomas stood at €248 million, down from the third loss estimate of €249 million.

The cyclone, also known as Doris, affected the British Isles, the Netherlands, Belgium and Germany on Feb. 23 and Feb. 24, 2017.