Updated Estimated Insured Losses from Sandy at $7-15 Billion
AIR Worldwides estimate reflects physical damage to property, additional living expenses for residential claims, storm surge damage, business interruption loss and other factors.
October 30, 2012
AIR Worldwide, catastrophe modeling firm, estimates that insured losses from Sandy to onshore U.S. properties will be between $7 billion and $15 billion.
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