Modelling agency Eqecat has estimated that Hurricane Sandy could cause $5bn-$10bn in insured losses and $10bn-$20bn in total economic damages, which at the upper bounds would place it on the cusp of becoming a significant reinsurance loss.
Modelling agency Eqecat has estimated that Hurricane Sandy could cause $5bn-$10bn in insured losses and $10bn-$20bn in total economic damages, which at the upper bounds would place it on the cusp of becoming a significant reinsurance loss.