Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018

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Irma Caribbean loss costs put at EUR1.83bn: Reuters

  • Anthony Baldo 13 February 2018
  • A French insurance industry group estimates that Hurricane Irma's damages in the Caribbean could cost insurers EUR1.83bn ($2.26bn), Reuters reported today.

    The organisation, the FFA, previously forecast Irma's destruction in the region would cost EUR830mn, the news service said.

    Reuters reported that FFA claims more than 62 percent of those insured have received compensation...

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