Economic impact of Melissa could reach 30–250% of Jamaica’s GDP: BMS
Reinsurance News - Oct 29, 2025
BMS has warned that the total economic impact of Hurricane Melissa could reach 30–250% of Jamaica’s GDP, potentially triggering a deep recession, widespread unemployment, a sharp decline in tourism, and severe strain on local banks and insurers, placing heavy pressure on public borrowing to fund rec...
Recommended Articles
Posted: Dec 24, 2025
After several years of outperformance, European reinsurers’ momentum has stalled, with analysts warn...
Posted: Dec 24, 2025
Lee Gammon has been promoted to the newly created position of Head of Marine & Aviation of AXIS...
Posted: Dec 24, 2025
Globe Life Inc., a US-domiciled holding company specialising in life and supplemental health insuran...