Otis made landfall near Acapulco in Mexico on October 25, after intensifying from a tropical storm into a Category 5 hurricane in less than 12 hours.
Hotel and government claims expected to dominate Otis property losses
![hurricane otis damage satellite 2.jpg](https://assets.euromoneydigital.com/dims4/default/b2e7eca/2147483647/strip/true/crop/1000x613+0+0/resize/840x515!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F27%2F80%2Ffd4ddf0943e588a0d0cffdfd7e03%2Fhurricane-otis-damage-satellite-2.jpg)
Otis made landfall near Acapulco in Mexico on October 25, after intensifying from a tropical storm into a Category 5 hurricane in less than 12 hours.