Connecticut insurance companies consider the costs of terrorist attacks
With claims expected to reach billions of dollars, insurance officials on Wednesday, they were still trying to order in the financial impact of Tuesday morning, the events in New York City.
You spoke of the tragedy should not be irreparable damage to the financial stability of the insurance sector. Far federal insurance industry is a $ 850 billion in assets over $ 3 billion. Connecticut’s insurance institution employ more than 60000 people, more than 4 percent of the workforce of State, and has long been a staple of the economy.
Some analysts estimate the costs could total more than $ 40 billion, more than twice higher than the damage of 1992, Hurricane Andrew’s.
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