Global News - Italy earthquake total damage €3 bln, insured losses €400 mln: AIR Worldwide
Source: Asia Insurance Review | May 2009
Catastrophe risk modelling firm AIR Worldwide estimates that insured losses from 6 April’s 6.3-magnitude (M) earthquake in the Abruzzo region of Italy, are likely to range between €200-400 million (US$259-518 million). These estimates include losses to residential, commercial and industrial buildings and contents. They do not include Business Interruption losses. Total damage for this earthquake is estimated at between €2-3 billion.
Archived articles are available to Magazine subscribers only.
For Full Access to
the magazine
SUBSCRIBE here.