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posted on September 15, 2008

AIR Worldwide Estimates Insured Losses to Onshore U.S. Properties from Hurricane Ike Between $8 Billion and $12 Billion

AIR estimates insured losses to offshore assets in the Gulf of Mexico will be between $600 million and $1.5 billion

BOSTON, Sept. 13, 2008—Catastrophe risk modeling firm AIR Worldwide Corporation estimates that insured losses to onshore properties in the United States from Hurricane Ike are between $8 billion and $12 billion, with an expected loss of $10 billion.

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