Another modeling firm weighed in today with estimates of Monday's earthquake damage in China, which it said created property losses of between $10 billion and $15 billion, while an insurance executive said it could mean heavy losses for reinsurers.

Risk Management Solutions of Newark, Calif., said its preliminary estimates included infrastructure damage and interruption to economic activity. The firm held off any estimate of insured losses.

Yesterday AIR Worldwide in Boston said the insured loss could possibly hit $1 billion and other losses would be around $19 billion, and EQECAT in Oakland, Calif., which has not yet figured insured loss, said that economic damage from the quake probably will not exceed $75 billion.

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