AccuWeather estimates up to $52bn in economic losses from Hurricane Melissa

Share!

Reinsurance News - Oct 31, 2025

Hurricane Melissa, the first Cat 5 storm to make landfall in Jamaica’s history and among the strongest storms ever recorded in the Atlantic, has caused $48 billion to $52 billion in total damage and economic losses, according to AccuWeather’s preliminary estimates. Hurricane Melissa, with peak winds...

Read Full Article

Recommended Articles

SCOR sees opportunities to grow in US cat at 1/1: Jean-Paul Conoscente

Posted: Oct 31, 2025

Jean-Paul Conoscente, Chief Executive Officer of SCOR P&C, said the French reinsurer views the U...

US P&C market sees wave of growth in reciprocal insurance exchanges: ALIRT

Posted: Oct 31, 2025

Reciprocal insurance exchanges (RIEs) in the U.S. have seen a wave of growth as new entrants emerge...

Hamilton Insurance announces new Chair for HMA and HIDAC

Posted: Oct 31, 2025

Bermuda-based insurer and reinsurer, Hamilton Insurance Group, Ltd. has appointed Dymphna Lehane as...