Hurricane Idalia may hold insured losses to low single digit billions

Hurricane Idalia may pass by without presenting much of a bill to reinsurers while holding the cost to primary carriers to the mid to low single digit billions, an early consensus appeared to indicate.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Insurance

Good opportunities for reinsurers: BMS Group

26 September 2023 Despite some increased protectionism in Latin American markets, BMS Group is seeing increased interest and opportunities for reinsurers in the region, says CEO, Latin America and Caribbean.

Insurance

Hurricane Idalia industry insured losses could reach $4bn: Verisk

4 September 2023 Most of the losses are attributable to wind damage.

Insurance

Hurricane Idalia puts 6168 homes from Florida coast in flood water

1 September 2023 A full 93% of the affected homes suffered only low-level flood waters of up to 2 feet.