Hurricane Milton unlikely to shift reinsurance market dynamics, says J.P. Morgan

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Reinsurance News - Oct 18, 2024

According to J.P. Morgan analysts, hurricane Milton is unlikely to change the dynamics of the reinsurance market heading into 2025, based on current anticipated loss levels. Hurricane Milton approached Florida and made landfall near Siesta Key on October 9, 2024, as a Category 3 storm. Loss estimate...

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