Canadian Catastrophe Computer Modelers are wading into Sandy losses. Aon Benfield estimates "$72 Billion in total economic loss" resulting from Sandy. "Aon Benfield's cat modeling arm" estimates that of that amount, total "insured losses" caused by Sandy "are estimated to be $30 billion. The $30 Billion estimate of the Cat Modelers includes roughly $7.2 billion" in Flood Insurance payouts. "$72 billion in total economic loss from Hurricane Sandy: Aon Benfield" in "Daily News" posted online on May 14, 2013 by Canadian Underwriter.ca.
The industry publication reports confusing and apparently competing facts but apparently concludes that Sandy may not trigger Hurricane Deductibles. On the other hand, their Computer Modelers are convinced that (excluded) flood and surge caused much more damage than (covered) wind perils. Id.