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Chilean Earthquake

Insured Losses from Chilean Earthquake: Update

by Emily Holbrook on March 11, 2010 · 0 comments

Last Wednesday I blogged about the Chilean earthquake costing insurers up to $8 billion. That number has since been revised by Swiss Re — the world’s second largest reinsurer claims the impact on the sector would be between $4 and $7 billion. Swiss Re says “it’s own losses from last month’s 8.8 magnitude earthquake would [...]

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Chilean Earthquake Insured Losses Could Top $8B

by Emily Holbrook on March 3, 2010 · 0 comments

DailyFinance.com is projecting that the recent 8.8 magnitude earthquake in Chile could cause insured losses anywhere from $2 billion to more than $8 billion. The quake struck February 27th and is now believed to be one of the top 10 most powerful earthquakes ever. Catastrophe modeling company EQECAT Inc. said insured damages from the quake [...]

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