NU Online News Service, March 2, 12:30 p.m. EST
Catastrophe risk modeling firm Eqecat said it estimates insured losses from the Chile earthquake will range from $3 billion to $8 billion.
According to the modeling firm's estimates, insured losses from Saturday's quake amount to 25 percent of the total economic losses. This loss, said Eqecat, represents 15-to-40 percent of the estimated insured limits for earthquake coverage.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.