06-10-2016 19:09 via insuranceinsider.com

RMS: 40% chance of $20bn loss from Matthew

Analytics firm RMS has projected a 41.9 percent chance of a
$20bn industry loss after putting the path of Hurricane Matthew
through its model, according to very preliminary figures obtained
by sister publication Trading Risk.
In provisional numbers produced to help clients based on a
single projected track from yesterday's forecast, calculations
based on information in the report suggested there was a 25.7
percent chance of a $30bn loss, a 16.2 percent chance of a $40bn
loss and a 10.0...
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