Catastrophe modeller Risk Management Solutions has increased its estimate of insured losses from Hurricane Wilma to...
Catastrophe modeller Risk Management Solutions (RMS) has increased its estimate of insured losses from Hurricane Wilma to between $8bn and $12bn.
Earlier this week, RMS projected that insured losses from Wilma would fall in the range of $6bn to $10bn.
The modeller's updated damage estimate is a response to "further analysis of the wind speeds" and includes expected losses stemming from wind and coastal storm surge and business interruption claims.
