Flooding in Thailand that began in July and peaked in October and November could result in insured losses of more than $10 billion, according to the latest estimates.
Swiss Re says industry losses could come in between $8 billion and $11 billion. The global reinsurer put its own losses at around $600 million.
Aon Benfield, a subsidiary of Aon Corp., says industry losses could exceed $10 billion, and adds that economic losses could be as high as $45 billion.
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