Bermuda hurricane cost insurers less than $100M: Modeler

Tuesday, September 21st, 2010 Auto Catastrophe Property

Hurricane Igor battered Bermuda with high winds leaving widespread but mostly minor damage that a catastrophe modeling company estimates will cost insurers less than $100 million. Bermuda's strict building code helped hold down insured losses, according to AIR Worldwide Corp.

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http://www.businessinsurance.com/apps/pbcs.dll/article?AID=/20100920/NEWS/100929985

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