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hatrack

(59,634 posts)
Sat Oct 28, 2023, 07:54 AM Oct 2023

Acapulco Has Been Shredded - Insured Losses $10-15 Billion, Still No Land Route Out Of City




Damage from Otis is going to reach many billions of dollars. Catastrophe risk modeling firm CoreLogic estimated that insured damages from Otis would be $10-$15 billion USD. This includes only residential, commercial, industrial, and agricultural structures; government property, infrastructure, crops, and livestock were not included in this estimate, and neither were storm surge or flash flood damage. If this estimate is accurate, it is possible that Otis could challenge the $22 billion cost (2022 USD) of Typhoon Mirelle in Japan from 1991 as the most expensive non-U.S. tropical cyclone in history.













EDIT

https://climatecrocks.com/2023/10/27/otis-impact-in-acapulco-staggering/#more-92434
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Acapulco Has Been Shredded - Insured Losses $10-15 Billion, Still No Land Route Out Of City (Original Post) hatrack Oct 2023 OP
Thanks for including the videos. It is hard to imagine this level brer cat Oct 2023 #1
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