26-09-2017 09:57 via insuranceinsider.com

ERN pegs Mexican quake loss at $4.8bn

Mexican seismic engineering firm Evaluacion de Riesgos Naturales
(ERN International) has estimated industry losses from the Puebla
earthquake on 19 September at $4.8bn.
The firm said the states of Puebla and Morelos sustained the
highest losses.The ERN International estimate is higher than those put out by
RMS and AIR.
RMS estimated insured losses from the quakewill not surpass $1.2bn , due to low insurance penetration in
the country.RMS expects economic losses from the earthquake to be between.
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