Tsunami Insured Losses Est. $5B-$10B
NU Online News Service, Jan. 4, 11:25 a.m. EST?As the world continues to examine the cost of relief and rehabilitation for the deadly Indian Ocean tsunamis, a new insurance industry estimate puts total insured losses at less than $10 billion.[@@]
The industry estimate was provided by The International Underwriting Association of London. The group stated that according to current opinions of IUA member companies, total insured losses are expected to range between $5 billion and $10 billion.
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