Calls for better modelling of business interruption losses following Hurricane Sandy

Storm warning

Hurricane Sandy has highlighted the need for business interruption losses to be more fully reflected in catastrophe models, according to analysts.

The super storm, which hit the east coast of the US at the end of October, could cause as much as $15 billion of insured losses, according to modelling companies. Economic losses could be as high as $20 billion.

Analysts say the nature of the damage demonstrates the need for the impact of business interruption claims to be more fully reflected within

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: