IP: US terror claims may hit $100bn

[David Farber <dave () farber net>]

US terror claims may hit $100bn

Paul Durman

THE cost of rebuilding in New York and Washington, and of compensating the 
families of the thousands of people killed and injured in the attacks, 
could be as high as $100 billion (£68 billion), according to B&W Deloitte, 
the leading actuarial consultancy.

A loss on this scale would be five times as much as the cost of Hurricane 
Andrew, which devastated Florida in 1992 and caused the previous biggest 
claim on the insurance industry.


http://www.sunday-times.co.uk/ (sede business)



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