Editor's Note: This article originally appeared in National Underwriter, P&C.
An early catastrophe modeling firm estimate puts the economic damage from the Chile earthquake at up to $30 billion.
Oakland, Calif.-based Eqecat put the value of economic damage in the range of $15-to-$30 billion USD, or 8-to-16 trillion Chilean pesos. The company said this equates to 10-to-15 percent of Chile's real GDP.
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