Catastrophe modeler Risk Management Solutions has confirmed its $20 billion to $25 billion estimate of insured losses due to Superstorm Sandy.
The estimate was conveyed by a RenaissanceRe executive during a Nov. 14 conference call on Sandy's impact, hosted by Evercore Partners.
During the call, Kevin J. O'Donnell, who RenRe had just promoted to president to go along with his previous role as global chief underwriting officer, says RMS issued the guidance earlier on Nov. 14.
Recommended For You
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:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
