Indications so far are that damage has been relatively minor from the 6.6 magnitude earthquake that struck the big island of Hawaii yesterday, with the overall insured losses unknown, said a spokeswoman for the Insurance Information Institute.
And one investment bank analyst said severe insured losses are not expected to result.
Bear Stearns property-casualty analyst David Small said that his analysis of market share data from A.M. Best suggests the event will have limited impact on the publicly traded insurers he covers and the largest market share players are either not U.S. companies or not publicly traded.
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