Fitch looks at total US hurricane losses
Fitch Ratings has claimed that with estimates for insured losses from Hurricane Jeanne ranging between $4 bn and $14bn, it is now possible that combined US insured losses from Charley, Frances, Ivan and Jeanne could equal or exceed the combined 1992 total of $22bn for Hurricanes Andrew and Iniki.
Jeanne, a Category 3 hurricane with 120mph winds at landfall, is the fourth major hurricane to strike the United States this season. The last time four hurricanes hit the same state was 1886 when fourOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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