Losses from Sandy may surpass modelers' estimates, insurers say

11/13/2012 | PropertyCasualty360

The property/casualty insurance industry might see losses from Hurricane Sandy and its remnants that are greater than what catastrophe modelers have estimated, according to some insurers. QBE Group "supports the analysis that suggests the insured losses from this storm could exceed $20 billion," said John Neal, the carrier's CEO.

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