Hurricane Sandy may cost up to US$25 bln

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<abstract displayLabel="Summary">Hurricane Sandy may cost the insurance industry up to US$25 billion, according to the latest estímate at press time from Risk Management Solutions Inc. Earlier, AIR Worldwide, a leading catastrophe modelling firm, had put the estímate at between US$7 billion and $15 billion while EQECAT, another leading catastrophe modelling firm, had estimated $10-20 billion in insured losses and $30-50 billion in total economic damage. </abstract>
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<title>Asia insurance review</title>
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<publisher>Singapore : Ins Communications Pte Ltd., 2009-</publisher>
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<text>03/12/2012 Número 12  - diciembre 2012 , p. 42</text>
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