Dagfinn Ulriksen, head of aquaculture for insurance brokerage giant Aon in Norway, is expecting the salmon mortalities in Chile to ultimately result in insurance payouts of between $45 million (€39.8 million) and $50 million (€44.2 million), making it "by far" the largest payout for a disaster in the history of aquaculture.

The previous record compensation payout was around $16 million (€14.1 million), the result of a storm that caused a massive tuna escape, Ulriksen said.

<p>Dagfinn Ulriksen, sjef for akvakulturvirksomheten i AON</p> Photo: ( Anders Furuset)
Ulriksen (pictured left) told IntraFish that as of March 3, total insurance payments as a result of the algal bloom in Chile might be in the neighborhood of $20 million (€17.7