Irma insured loss in French islands $1.4bn: CCR

French state-owned reinsurer CCR has estimated the insured loss
from the damage wrought by Hurricane Irma to the French
collectivities of Saint Martin and Saint Barthélemy at
EUR1.2bn ($1.4bn).
The islands were among several in the Caribbean hit hard by last
week's hurricane, which later made landfall in Florida as a
Category 4 storm before weakening and moving up the western side of
the Sunshine State.
Karen Clarkyesterday estimated the insured loss in the Caribbean at $7bn,
and the...