Recent Hurricane Irene estimates put U.S. insured losses between $1.6 billion and $6.6 billion.
Shortly after Hurricane Irene, Eqecat released a U.S. insured-loss estimate of between $1.5 billion and $2.8 billion, while AIR Worldwide put the range of U.S. insured losses at $3 billion to $6 billion.
Risk Management Solutions (RMS) decided to hold off on an estimate immediately after the storm, but the modeler now reports that it expects U.S. losses to be between $2 billion and $4.5 billion. Adding in Caribbean losses, the estimate is between $2.5 billion and $5.5 billion.
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