Hurricane Otis industry loss estimates range from $1.8bn-$6.5bn: AM Best
Industry insured loss estimates to date from Hurricane Otis, which hit the Mexican west coast at Category 5 strength this month, range from $1.8bn-$6.5bn, according to an AM Best report published today.
In a recent commentary, AM Best cited news reports which estimated the potential economic losses from the storm at $15bn.
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