Catlin uncertain on costs of Hurricane Sandy

Bermuda-based property insurer Catlin said it did not yet know what impact Hurricane Sandy would have on it due to the sheer size of the storm and the many different types of claims it has created.

Bermuda-based property insurer Catlin said it did not yet know what impact Hurricane Sandy would have on it due to the sheer size of the storm and the many different types of claims it has created.

The company compared the US 'superstorm' to the New Zealand earthquake, Japanese earthquake/tsunami and Thai floods in 2011.

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