KCC pegs privately insured Melissa losses at $2.4bn
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KCC pegs privately insured Melissa losses at $2.4bn

The storm devastated Jamaica and Cuba, but insurance penetration on the islands is low.

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KCC logo cars flooding florida.jpg

Modelling firm KCC has estimated that insured losses from Hurricane Melissa will amount to $2.4bn.

The company’s estimate includes privately insured damage to residential, commercial and industrial properties in Jamaica and Cuba.

The

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