Hurricane Idalia expected to be earnings event, reinsurers to be minimally impacted: AM Best

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Reinsurance News - Sep 01, 2023

Given hardening reinsurance rates and increased retentions, Hurricane Idalia’s effect on reinsurers will be minimal and is expected to be an earnings event for the insurance industry, according to AM Best. Idalia’s fierce winds, torrential rain, and the resulting storm surge battered Florida’s...

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