PCS has significantly increased its industry loss estimate for Hurricane Sandy to $18.75bn, Trading Risk understands.
This brings it in line with modelling agency forecasts and (re)insurer estimates of the loss but the new number falls just short...
PCS has significantly increased its industry loss estimate for Hurricane Sandy to $18.75bn, Trading Risk understands.
This brings it in line with modelling agency forecasts and (re)insurer estimates of the loss but the new number falls just short...