Insured losses from Hurricane Otis could reach $6bn: Verisk
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Insured losses from Hurricane Otis could reach $6bn: Verisk

hurricane otis damage satellite 2.jpg

Global analytics and technology firm Verisk has estimated that insured losses to onshore property from Hurricane Otis will likely fall between $3bn and $6bn.

The industry loss range includes insured estimates of wind and precipitation-induced flood across Otis’s track, with most of the modelled loss attributable to wind.


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