Editor's Note: This article originally appeared inNationalUnderwriter, P&C.
The magnitude 7.0 earthquake that caused catastrophic death anddestruction in Haiti created hundreds of millions in economicdamage, but insurance coverage for losses is minimal, according tomodeling firms.
Risk Management Solutions of Newark, Calif., cited data fromLondon-based AXCO insurance information services listingimpoverished Haiti as one of the smallest markets in the Americaswith a total non-life premium income of just under $20 million.
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