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Dolly damage estimate for US, Mexico downgraded to $350- 700m - AIR

Catastrophe risk modeling firm AIR Worldwide has downgraded its estimation of total insured losses from Hurricane Dolly in the US and Mexico at between $350m - 700m. Estimated insured losses from Hurricane Dolly, in the US only, have been narrowed to between $300m- 600m.

"The revised loss estimate falls at the low end of the AIR's preliminary estimate of US losses issued yesterday due to the fact that Dolly's actual track inland was on the northern edge of the range

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