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By Scott Vincent Oct 16 (The Insurer) — Moody’s RMS Event Response has estimated insured losses from Hurricane Isaias will total between $2.5 billion and $4.5 billion, with a best estimate of $3.5 billion, the company said on Friday. Moody’s estimate is at the top end of the range of modelled loss estimates published t
By Ashish Tiwari Oct 15 (The Insurer) — Preliminary estimates for Hurricane Isaias are continuing to point to an insured loss totaling in the low-single-digit billions of dollars, with the storm unlikely to significantly affect the trajectory of upcoming reinsurance renewals. On Thursday, Karen Clark & Company estimate
By Scott Vincent Oct 15 (The Insurer) — Karen Clark & Company (KCC) has estimated private market insured losses from Hurricane Isaias will total $3 billion, the modelling company said on Thursday. KCC said its estimate includes residential, commercial and industrial property damage, as well as business interruption and