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Insurance Day

Hurricane Ian loss estimates creep up as RMS pegs $74bn top end

Catastrophe modelling firm expects losses to be between $53bn and $74bn – the highest estimate so far – with a quarter of the total cost to be caused by storm surge and flood

Insured losses from Hurricane Ian could be as high as $74bn, analysis from RMS said, in what is the highest loss estimate for the devastating storm so far.

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