Hiscox: Superstorm Sandy cost estimated 90m pounds in claims

International specialist insurer Hiscox has today announced an estimate for the impact of Superstorm Sandy.

International specialist insurer Hiscox has today announced an estimate for the impact of Superstorm Sandy.

Although considerable uncertainties still exist around the impact of Superstorm Sandy, the insurer said that based on an insured market loss of $20bn, it estimates net claims of approximately £90m.

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