Modelling companies diverge on HIM forecasts

Catastrophe modelling firms have failed to reach a consensus on the
impact of hurricanes Harvey, Irma and Maria, as carriers attempt to
count the cost of a fast-moving claims situation.
Two of the big three modelling companies - AIR Worldwide and
Karen Clark & Co (KCC) - concurred in predicting that Maria
would be the costliest event.
Indeed, AIR's Maria loss estimate of between $40bn and a
surprisingly high $85bn delivered just over a week ago shocked the
market, with...