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Hurricane Otis “insurable” loss estimated $10bn to $15bn by CoreLogic

October 27, 2023


Risk analytics and modelling firm CoreLogic has estimated that the “insurable” loss from hurricane Otis’ category 5 winds onslaught in the Acapulco and surrounding region of Mexico is in the range of $10 billion to as much as $15 billion.

It’s important to note this is an estimate of the ground-up loss from hurricane Otis’s winds that could be insurable, not an actual insurance industry loss estimate for the storm.

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