22 March 2018

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RMS suggests $3.25bn Matthew median

21 October 2016

Catastrophe risk modelling firm RMS has added its weight to those suggesting estimated US insured losses from Hurricane Matthew are likely to be relatively easily absorbed by the market, with a projected loss range of $1.5bn- $5bn.

In the Caribbean, RMS projected insured losses would fall between $1bn and $3bn with the largest proportion of the losses emanating from the Bahamas.

In a breakdown of the US losses, RMS expects Florida to account for $500mn to $2bn of insured losses,...

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