RMS estimates Hurricane Maria insured losses at $15bn to $30bn

Risk modelling firm RMS has estimated insured losses from Hurricane Maria at between $15bn and $30bn, roughly half the estimated economic loss of $30bn to $60bn. RMS said the insured loss estimate includes wind storm surge and flood damage across the Caribbean, as well as property damage and business interruption. RMS’s insured loss estimate for Hurricane Maria is much lower…

Please register or login to view the full post