Moody’s RMS puts Hurricane Debby US private market insured loss at less than $1.5bn

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Reinsurance News - Aug 15, 2024

The U.S. private market insurance industry loss from Hurricane Debby is not expected to exceed $1.5 billion, while losses to the National Flood Insurance Program (NFIP) from the event will be less than $300 million, according to Moody’s RMS Event Response. Hurricane Debby was the fourth named storm...

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