by AIP Online Bureau | Oct 3, 2022 | Eco/Invest/Demography, International News, Non-Life
Wind damage of USD 38 to 51 billion comprises the majority of the loss estimate Storm surge (excluding losses from the NFIP) account for USD 3 to 5.5 billion of the loss estimate, and inland flood less than USD 1 billion Boston: Verisk estimates that insured losses to...
by AIP Online Bureau | Sep 29, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Samantha Montano, an assistant professor of emergency management at Massachusetts Maritime Academy, said the powerful winds may not do the worst damage. “Certainly, the wind threat is significant with this storm,” said Montano. “But I think it’s definitely from the...
