Catlin hurricane hit rises to almost £40m
Catlin Group has updated its estimate of the potential financial impact of the four hurricanes that caused extensive damage in the Caribbean and USA earlier this year to $75m (£39.4m).
This figure is $25m more than announced by the Group on 8 October 2004. Catlin said the higher estimate is primarily attributable to delayed notification of losses related to energy installations inOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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