Sandy insured losses seen up to $25 bln -RMS disaster modeler
Nov 14 (Reuters) - Disaster modeling company RMS expects U.S. insured losses from superstorm Sandy in a range of $20 billion to $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 $15 billion and $20 billion, respectively.
- Moscow fights back after sanctions; battle rages near Ukraine crash site
- Carnage at U.N. school as Israel pounds Gaza Strip |
- U.S. economy bounces back in second quarter |
- EU and U.S. announce new sanctions on Russia over Ukraine |
- Obama says strains over Ukraine not leading to new Cold War with Russia