Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

4 February 2012

Low Earl losses forecast but uncertainty remains

3 September 2010

Damages from Hurricane Earl to the northeastern US are expected to be less than $400mn, according to forecasts from modelling firm Eqecat.

Aon Benfield's Impact Forecasting also predicted low insured loss potential.

Eqecat forecast a potential loss range for North Carolina and Virginia of $200-$700mn but noted there was significant uncertainty in these estimates.

Losses could easily be above $2bn if the storm deviated west, Eqecat forecast, but this morning

Earl remained on track to turn northeast as it headed...


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