Industry loss estimates of up to $6.5bn from Hurricane Otis: AM Best
Reinsurance News - Nov 01, 2023
Insurance industry losses from the impacts of Hurricane Otis in Mexico could range from $1.8 billion to $6.5 billion, with losses likely to fall to reinsurers, according to analysis by AM Best. The ratings agency notes that while regulators in the country have set standards to mitigate hurricane ris...
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