WASHINGTON (dpa-AFX) - The Extreme Event Solutions group at Verisk Analytics Inc. (VRSK), a data analytics and technology provider, estimates industry insured losses to onshore property in Jamaica from Hurricane Melissa will likely range between $2.2 billion and $4.2 billion, the company said in a statement on Monday.
The loss estimate includes the effects of wind and precipitation-induced flooding from the hurricane's track across Jamaica, with most of the modeled loss attributed to wind.
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