Modellers say Hurricane Delta loss could reach $3bn

Credit: National Oceanic and Atmospheric Administration

AIR estimates insured losses from Hurricane Delta will be between $1bn and $3bn, with Karen Clark & Company (KCC) putting onshore loss at about $1.25bn. AIR’s figure is for losses to onshore residential, commercial and industrial properties, as well automobiles. KCC’s estimate is split between $950m wind and storm losses in the US, and $300m wind losses in Mexico. Its…

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