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Latin America’s most expensive insured event ever? Compliance and coverage issues begin to emerge as reinsurers continue to estimate impact of Chile earthquake
  • Locke Lord LLP
  • Chile
  • March 15 2010

Even if the insured losses from the Chile earthquake fall in the mid-range of current estimates of between US$ 2 billion and US$ 8 billion, it will outpace Hurricane Wilma as the most expensive insured event in Latin America's history, according to a release by reinsurance broker Cooper Gay.

Elias D. Trahanas
  • Baker & Hostetler LLP