Hurricane Milton Could Use Up P/C Insurers’ 2024 Catastrophe Budgets

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Insurance Journal - Oct 10, 2024

S&P Global Ratings said potential losses from Hurricane Milton could fully deplete the 2024 natural catastrophe budgets for rated U.S. property/casualty insurers, affecting underwriting margins and earnings. In a report titled “Hurricane Milton: The Implications For Rated U.S. Insurers And...

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