Irma insured loss forecast at $25bn: KCC

Hurricane Irma generated about $25bn in insured losses,
including $18bn in the US and $7bn in the Caribbean, Karen Clark
& Company estimated today.
Included in the totals are losses to buildings and insured
structures, contents, autos and business interruption, the company
said.
The assessment excludes losses covered by crop insurers and the
National Flood Insurance Program run by the Federal Emergency
Management Agency, the catastrophe modelling firm said.
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