(Bloomberg) -- Hurricane Melissa became the Atlantic season’s third chart-topping Category 5 storm in the Caribbean, where it’s expected to make landfall early Tuesday in Jamaica.

Melissa’s top winds reached 160 miles (257 kilometers) per hour, threatening to bring widespread destruction to the island, as well as neighboring Haiti, the Dominican Republic, and Cuba, where it will make a second landfall Wednesday. Destructive winds, a damaging storm surge and catastrophic flooding are expected to worsen Monday, the US National Hurricane Center said.

Losses may reach $14 billion on Jamaica and $5 billion in Cuba, said Chuck Watson, a disaster modeler with Enki Research. Melissa’s total losses could climb even higher as it’s expected to sweep through the southern Bahamas and possibly even ap

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