Michèle Lai News

Insured Losses for Europe’s Storm Ciara-Sabine Could Hit $2 Billion: Modeling Firms

Catastrophe risk modeling firm AIR Worldwide estimates that insured losses due to wind from Europe’s winter storm Ciara (also known as Sabine) will range between €1.1 billion and €1.9 billion (US$1.2 billion and US$2.1 billion), with the majority of claims …