CoreLogic pegs Hurricane Otis insurable loss at $10bn to $15bn

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Reinsurance News - Oct 27, 2023

Catastrophe risk modeller CoreLogic has estimated that the insurable loss from wind damage caused by Hurricane Otis, which made landfall as a Category 5 storm over the greater Acapulco, Mexico area on Wednesday morning, is between $10 billion and $15 billion. At 1:25 am local time, Hurricane Otis ma...

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