09-09-2017 18:28 via insuranceinsider.com

Irma could cost insurers $20bn-$65bn: AIR

Hurricane Irma could inflict insured losses of $20bn-$65bn,
according to a preliminary estimate from AIR Worldwide, based on
the current storm track.
The loss estimate for the wind and storm surge losses comprises
a $15bn-$50bn range for the US and $5bn-$15bn for selected islands
in the Caribbean.
AIR's forecast is based on the National Hurricane
Center's storm track as of 5am Eastern Time today.
Irma is currently a category 3 hurricane with maximum sustained
winds of 130mph, but is forecast...
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