Ecuador quake insured losses could reach $850mn: AIR

Catastrophe modelling firm AIR Worldwide has estimated industry
insured losses from the magnitude 7.8 Ecuadorian earthquake at
between $325mn and $850mn.
The quake, which stuck near the coast of Ecuador on 16 April at
a depth of 19km, destroyed more than 1,100 buildings and damaged
more than 800, according to AIR. Some 570 people were killed in the
disaster, with more than 4,600 injured.
Other effects include a lack of running water, power and
communications systems, damage to highways and...