Moody’s RMS estimates Hurricane Otis insured losses at $2.5bn-$4.5bn
Reinsurance News - Nov 14, 2023
Moody’s RMS has estimated that private market insured losses from Hurricane Otis will be between $2.5 billion and $4.5 billion. According to the firm, this estimate represents insured losses associated primarily with wind damage in the Category 5 hurricane that made landfall in Acapulco, Mexico. The...
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