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What is Hurricane Katrina's updated insurance cost estimate?

http://www.miami.com/mld/miamiherald/news/opinion/12586305.htm
Sep. 08, 2005
Now, in Katrina's wake, the Associated Press reported that AIR Worldwide Corp., a risk-assessment company, expects that the insurance industry will face as much as $26 billion in claims.


http://www.insurancejournal.com/news/international/2005/09/09/59310.htm
September 9, 2005
Odyssey Re Holdings Corp., the reinsurance arm of Canada's Fairfax, has issued a bulletin from its Stamford, Conn. headquarters indicating that its net pre-tax losses from Hurricane Katrina are expected to be $80 to $100 million, which represents an after-tax net loss of $52 to $65 million.

The bulletin said the "estimate is based upon an aggregate industry loss of approximately $30 billion.
 
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