Moody’s RMS estimates Hurricane Idalia’s insured losses to range between $3bn-$5bn
Reinsurance News - Sep 04, 2023
The total private market insured losses from Hurricane Idalia are estimated to be between $3bn and $5bn, with a best estimate of $3.5bn, according to Moody’s RMS. This estimate represents insured losses associated with wind (between $2.2bn-$3.4bn); storm surge (between $0.5bn-$1.3bn); and precipitat...
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