Insurance Day
Daily Digest: Fitch on Helene losses, BP Marsh invests in CEE Specialty, Miller taps Tysers’ for sports and entertainment practice
Catch up on the essential news and analysis from the Insurance Day experts
Insured losses from Helene pegged at $5bn to $10bn
Insurance analysts at the weekend estimated insured losses from Hurricane Helene, the most powerful storm to hit the Big Bend
region of Florida,
in a range of $5bn to $10bn, with primary insurers taking the brunt of the losses. Gallagher Re said private insured losses would likely be in the mid-to-high
single-digit billions of dollars, while Fitch Ratings estimated insured losses at $5bn to $10bn.