Property/casualty insurers expected to pay Wilma victims $6.1 billion - insured catastrophe losses now at record $50.3 billion, says ISO's property claim services.

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M2 PRESSWIRE-29 November 2005-ISO: Property/casualty insurers expected to pay Wilma victims $6.1 billion - insured catastrophe losses now at record $50.3 billion, says ISO's property claim services (C)1994-2005 M2 COMMUNICATIONS LTD RDATE:29112005 London, UK - U.S. property/casualty insurers are expected to pay an estimated $6.1 billion to Florida policyholders for insured property losses from Hurricane Wilma, pushing year-to-date catastrophe losses to $50.3 billion - an all-time record, according to preliminary analysis by ISO's Property Claim Services (PCS) unit.

The year's three most devastating hurricanes - Katrina, Rita and Wilma - together account for $45.2 billion, or 90 per cent, of the total catastrophe loss from 22 events. Wilma made...