Caribbean islands face 'devastating loss': RMS

Some of the Caribbean islands already impacted by Hurricane Irma
could hand insurers losses of just under $3bn, according to
preliminary modelled numbers released by RMS.
As the eye of Irma moves west-northwest near the Dominican
Republic, RMS vice president Paul Wilson said in a blog post that
Saint Maarten and Saint Martin have about $6.6bn of total insured
value (TIV).
With a possible damage factor of 30 percent, based on an early
assessment of a range of outcomes, the...