NU Online News Service, March 2, 12:30 p.m. EST
Catastrophe risk modeling firm Eqecat said it estimates insured losses from the Chile earthquake will range from $3 billion to $8 billion.
According to the modeling firm's estimates, insured losses from Saturday's quake amount to 25 percent of the total economic losses. This loss, said Eqecat, represents 15-to-40 percent of the estimated insured limits for earthquake coverage.
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