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Melissa insured losses will be in billions: Aon :: Insurance Day Read More »
As Hurricane Melissa sweeps past Bermuda, new satellite data of Jamaica has revealed devastation for tourist center Montego Bay and much of the Western part of the country. At least 40% of the buildings and roads in the worst-hit areas on the island were severely damaged, according to a Bloomberg News analysis of satellite data
Satellite Data Reveals Hurricane Melissa Damage in Jamaica Read More »
Hurricane Melissa is forecast to dissipate in the Atlantic Ocean next week, bringing wet and windy weather to northern Europe after wrecking havoc across the Caribbean. The record-setting storm left a trail of destruction in Cuba, Haiti and Jamaica, causing at least 33 deaths and almost $8 billion in damage. Now a weakened Category 1
Hurricane Melissa to Bring Wet, Windy Weather to Northern Europe Read More »
The wreckage caused by Hurricane Melissa in Jamaica is expected to cost insurers $1 billion to $3 billion, according to property intelligence company Cotality. The insured losses are a fraction of the total property damage, which Cotality estimates at $2 billion to $5 billion, though much uncertainty remains amid limited observations of the devastation. Other
Melissa Jamaica Damage Seen Costing Insurers Up to $3 Billion Read More »
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