Milton likely to have exhausted much of cat budgets for Q4, earnings downgrades possible, J.P. Morgan

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Reinsurance News - Oct 11, 2024

J.P. Morgan’s equity analyst team have stated that hurricane Milton is likely to have exhausted much of catastrophe budgets for Q4’24 in general, with the remainder of the quarter yet to come. Ultimately, analysts noted that they see this event having the potential to lead to 2024 earnin...

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