KCC pegs Mexican earthquake insured loss at $200mn
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KCC pegs Mexican earthquake insured loss at $200mn

KCC earthquake damage.jpg

Karen Clark & Company (KCC) has estimated that last week’s Mexican earthquake will result in insured losses of around $200mn.

The magnitude 7.0 earthquake struck on 7 September at 20:47 local time near Acapulco City, on a subduction zone where the Cocos and North American tectonic plates converge.

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