According to UBS, $50B of insurance losses from Irene would result in book value losses of...

|By:, SA News Editor
According to UBS, $50B of insurance losses from Irene would result in book value losses of 6.9%-8.8% for Travelers (TRV), Chubb (CB), and Allstate (ALL). UBS believes equity markets have thus far only priced in $10B of insurance losses from the hurricane.