13-10-2016 09:39 via insuranceinsider.com

Matthew insured losses could hit $8.8bn: AIR

Modelling firm AIR Worldwide has estimated combined insured
losses for the US and Caribbean from Hurricane Matthew will be
between $2.8bn and $8.8bn.
In a statement this morning, AIR said insured losses for the US
would fall between $2.2bn and $6.8bn, and would range from $600mn
to $2.0bn for the Caribbean.
AIR's modelled insured loss estimates for the US included -
but were not restricted to - insured physical damage to
residential, commercial, industrial, and auto property, insured
physical da
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