PCS issues initial Maria claims number of $21.9bn

Data provider Property Claim Services (PCS) has issued an
initial estimate for Hurricane Maria of $21.89bn for US
territories, The Insurance Insider
understands.
The claims tally implies that Maria - which has been subject to
the greatest degree of uncertainty - will be more expensive than
Hurricane Harvey and could rival Hurricane Irma as the most
expensive loss event of the year.
Some senior sources, including reinsurance brokers and carriers
with major exposures, had still been talking about