As industry losses from Milton rise, more will flow to reinsurers: Moody’s
Reinsurance News - Oct 11, 2024
A new report from Moody’s has suggested that insured losses from Hurricane Milton will affect both primary insurers and the reinsurance sector, with the proportion of losses ceded to reinsurers increasing as losses increase. Milton made landfall on the 9th of October in Florida’s Sarasota Coun...
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