Expected $60bn loss from Milton to revert reinsurance pricing stability: Morningstar DBRS

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Reinsurance News - Oct 14, 2024

According to a new Morningstar DBRS report, Hurricane Milton is expected to result in insured losses approaching $60 billion, likely causing the stabilisation of reinsurance prices seen during mid-year renewals to revert to their upward trajectory. Hurricane Milton made landfall on the 9th of Octobe...

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