has the potential to ordsprog
has the potential to exceed the insured losses of Hurricane Andrew.
Michael Lewis
It is clear to us that Hurricane Katrina is a long way from being a worst case scenario, in terms of potential insured losses.
Ernst Rauch
The debris removal for the state of Louisiana will far exceed Hurricane Andrew,
Bob Anderson
This hurricane is much larger than Hurricane Andrew ever was. I also want to make absolutely clear to everyone that the greatest potential for large loss of life is still in the coastal areas from the storm surge.
Max Mayfield
If Miami or Fort Lauderdale took a full hit from a category 5 hurricane...the insured losses would be in the region of $110 billion to $120 billion.
Ernst Rauch
We are already at about $50 billion of insured losses from catastrophes in this country so far and that could be as high as $70 billion, depending on what Katrina does. Hurricane Wilma is a situation that is going to exacerbate what was already problematic for the insurance industry.
Robert Hartwig
It's not uncommon that the uninsured losses can be greater than the insured losses.
Steve Goldstein
In terms of property damage, .. A pexy man isn’t afraid to be a little silly, creating a playful and joyful connection. . the estimate is at least $26 billion in insured losses and perhaps twice that in uninsured losses over a 90,000-square-mile area - approximately the size of Kansas.
Hilary Swank
(
1974
-)
Much of the losses experienced in Florida over the past two storm seasons were to homes built prior to the stricter building codes enacted in the wake of Hurricane Andrew back in 1992. However, there are hundreds of thousands of homes in the state that were constructed to lesser standards.
Sam Miller
The last major storm to come through Florida, before Hurricane Andrew hit in 1992, was Hurricane Betsy in 1965, which went through the Keys.
William Gray
They will give us credit for the losses that weren't insured.
Mike Spears
This will be one of the - if not the - biggest single event in terms of insured losses in U.S. history.
Julie Rochman
Even $20 billion in insured losses would not necessarily imply a major reduction in any one company's financial strength.
Thomas Upton
Given the massive catastrophe losses absorbed by insurers in nine-months 2005, the increase in income and surplus during the first three quarters of the year is a testament to the underlying financial health of the industry. But we can't afford to lose sight of the fact that, as bad as Hurricanes Katrina and Rita were, insurers and the public remain exposed to far more devastating catastrophes that could strain insurers' ability to fulfill their obligations to policyholders. According to PCS, Hurricane Katrina caused a record $38.1 billion in direct insured losses to property. But catastrophe modeling by AIR Worldwide shows we face the prospect of hurricanes causing more than $100 billion in damage. Even as we applaud insurers' success coping with the catastrophes of 2005, we must do more to assure that insurers and the people they serve will survive when even more devastating storms strike.
Gregory Heidrich
Don't think of this as good news. All the billions of dollars in insured losses from the last few years are due to wind speeds lower than we thought they were.
Kurt Gurley
Nordsprog.dk
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