Hurricanes Ike and Gustav could cost Swiss Re $300m
Swiss Re has said that US hurricanes Ike and Gustav, which ravaged the Gulf of Mexico in early September, could cost it around $300m.
On current estimates, the Swiss reinsurer said, said that it expects net claims for Gustav to cost $50m and net claims for Ike to cost $250m.
Brian Gray, Swiss Re's chief underwriting officer said
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