Douglas Lytle

Oct 10, 2024 | shorturl.at | Douglas Lytle |Will Kennedy |Brian Wingfield |Unni Krishnan

Bloombers NewsMIAMI EnergiesNet.com 10 10 2024 For the reinsurance industry, Milton may prove to have been something of a lucky escape, Bloomberg Intelligence insurance analyst Charles Graham says. The reduction in storm intensity to Category 3 as the hurricane made landfall may have significantly reduced the scale of insured losses from wind damage. Claims could be large but not exceptional, though concern about Florida’s vulnerability to hurricane risks will remain.