Maintenance. We are currently updating the site. Please check back shortly

Thomson Reuters Foundation

Inform - Connect - Empower

Sandy insured losses seen up to ${esc.dollar}25 bln -RMS disaster modeler

Source: Thomson Reuters Foundation - Wed, 14 Nov 2012 20:30 GMT
Author: Reuters
Tweet Recommend Google + LinkedIn Email Print
Leave us a comment

Nov 14 (Reuters) - Disaster modeling company RMS expects U.S. insured losses from superstorm Sandy in a range of ${esc.dollar}20 billion to ${esc.dollar}25 billion, the company said on Wednesday.

RMS has not formally released its loss review yet, but the company confirmed comments by clients who have seen early data on the losses. At the high end of the range RMS's estimate exceeds peers AIR and Eqecat, whose top estimates were ${esc.dollar}15 billion and ${esc.dollar}20 billion, respectively.

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of the Thomson Reuters Foundation. For more information see our Acceptable Use Policy.

comments powered by Disqus
Most Popular
LATEST SLIDESHOW

Latest slideshow

See allSee all
FEATURED JOBS
Featured jobs