Expect private insurance market losses from Helene in the mid-to-high single-digit billions: Bowen, Gallagher Re

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Reinsurance News - Sep 30, 2024

Following hurricane Helene’s landfall last week as a Cat 4 storm on the Big Bend area of Florida, Steve Bowen, Chief Science Officer at reinsurance broker Gallagher Re, has said that economic losses will be well above $10 billion and that the impact to the private insurance market is expected...

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