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Hurricane Losses Could Hit $74 Billion – RMS

Written By: www.insurancebusinessmag.com

 

“Total private-market insured losses from Hurricane Ian could total between $53 billion and $74 billion, according to an estimate by risk modeling company RMS. The company also estimated that the National Flood Insurance Program could see an additional $10 billion in losses from storm surge and inland flooding caused by the storm.”

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