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Hurricane Dorian devastation in Bahamas could cost $7 bln

News Service
14:19 - 5/09/2019 Perşembe
Update: 14:21 - 5/09/2019 Perşembe
REUTERS
Damage in the aftermath of Hurricane Dorian on the Great Abaco island town of Marsh Harbour, Bahamas
Damage in the aftermath of Hurricane Dorian on the Great Abaco island town of Marsh Harbour, Bahamas

Preliminary estimate of total insured and uninsured losses in the Bahamas from Hurricane Dorian is $7 billion, catastrophe modelling company Karen Clark & Company (KCC) said on Thursday.

The estimated includes building, contents, and business interruption exposures for commercial, residential and industrial properties, while excluding infrastructure or auto losses, KCC said.

Hurricane Dorian left stretches of the Bahamas looking as if they had been carpet bombed and was regaining strength as it crawled up the U.S. Atlantic coast, possibly making landfall later on Thursday in South Carolina.

#Bahamas
#Hurricane Dorian
#cost
#damage
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