catastrophe modeling News

RMS Pegs Irene Insured Losses Between $2.5 and $5.5B

Hurricane Irene caused between $2.5 billion and $5.5 billion in insured losses in the United States and the Caribbean, excluding flood claims that fall under federal insurance programs, catastrophe modeling company RMS said Monday. RMS’s estimate falls roughly between those …

Irene Insured Losses Significant, Figures Still Uncertain

Hurricane Irene is expected to have caused substantial property losses, though figures are still hard to come by because of uncertainty about wind damage, catastrophe modeling company Eqecat said Monday. Analysts at FBR Capital Markets said the storm may have …

Eqecat Reports Up to $5 Billion in Damages in Latest New Zealand Quake

Monday’s earthquake in Christchurch, New Zealand, likely caused an additional $3 billion to $5 billion in insured losses on top of the damage from two previous quakes, catastrophe modeling company Eqecat said Tuesday. The quake was the third major one …