Hurricane Ike may have a $3bn impact on reinsurers - KBW
Hurricane Ike may cost the reinsurance industry around $3bn, according to analysts at Keefe, Bruyette & Woods.
"We assume that roughly 40-50% of the losses will fall to the global reinsurance market, with approximately one-third coming to Bermuda, or at the high-end of the industry loss estimates a $3bn," said
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