Earthquake losses "manageable" for Chilean insurers, claims Moody's
Early estimates indicate that the magnitude 8.8 earthquake off the coast of Chile on 27 February, will bring high insured losses, which will likely pressure overall profitability.
However losses are expected to be “manageable” for Chilean insurers, according to rating agency Moody's.
In its weekly credit outlook, Moody’s said local insurers are well-prepared to face the
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