Katrina Could Cost Insurers Up to $30 Billion, Forecasters Say August 29, 2005 Email This Subscribe to Newsletter Email to a friend Facebook Tweet LinkedIn Print Article Article 1 Comment August 29, 2005 at 3:36 am Roger Poe says: Like or Dislike: 0 0Wow for the (up-to) $30 Billion insured loss estimate. Bigger wow if ALL damage is ‘up-to’ $60 Billion. (Insurers generally only account for 40-50% of all actual damage as being insured losses.) Reply Add a Comment Cancel reply Your email address will not be published. Required fields are marked * Name * Email * Comment ΔNotify me of comments via e-mail
Wow for the (up-to) $30 Billion insured loss estimate.
Bigger wow if ALL damage is ‘up-to’ $60 Billion.
(Insurers generally only account for 40-50% of all actual damage as being insured losses.)