Marvin the Martian Revises Destruction Estimates

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Marvin the Martian Revises Earth Destruction Estimate to $104.3 Trillion
Insured Losses of $5.0-7.5 Trillion

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Marvin the Martian Revises Destruction Estimates

  1. 1. 4InsuranceNews.com Press ReleaseMarvin the Martian Revises Earth DestructionEstimate to $104.3 TrillionInsured Losses of $5.0-7.5 TrillionMARS – January 16, 2011 – Marvin the Martian (Marvin)today announced that he has updated his estimate foronshore and offshore Earth losses from the Illudium PU-36Explosive Space Modulator (PU-36) to $104.3 Trillion, ofwhich $5.0-7.5 trillion is estimated for insured losses.While the new modeling technology better represents thelosses expected from PU-36, the insured range of $5.0-7.5trillion reflects the significant uncertainty that still remainsin assessing insured losses.The new range of insured losses would most likely makeEarth’s destruction the costliest world catastrophe of alltime.Marvin will continue to monitor the impacts of PU-36 andmay provide further estimates if significant newinformation arises.

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