Less than $100m of claims expected from LA earthquake - report
Ratings agencies are not expecting a deluge of claims to the (re)insurance industry stemming from the earthquake which hit Los Angeles earlier this week should not cause a market loss of $100m, says a report from Guy Carpenter, quoting Eqecat.
The earthquake, which was reported to be the strongest to hit the region since 1987, was felt near San Diego, the report says.
“EQECAT said it expects market losses for the earthquake to be less than
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