Total World Trade Center Losses Still Far From Settled

A year after the Sept. 11 tragedy, there are still no rock-solid estimates of event-related ultimate losses for the property-casualty insurance industry. However, the range of potential losses has narrowed considerably.

What was a range that extended from $15 billion a day after the attack to $100 billion a few weeks later, has now settled in at around $40-to-$50 billion.

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