Insured losses from Harvey could reach $20 billion: Buffett
Warren Buffett, the billionaire Chairman and Chief Executive Officer of Berkshire Hathaway, said insured losses from Hurricane Harvey could climb to as much as $20 billion (â¹1.28 lakh crore). "Nobody has too good of a feel" of the losses, he said. "There will be a high proportion of uninsured losses to insured losses compared to most events," he added.