4:00-10/10 Hurricane Milton

National Hurricane Center

10 October 2024Insurance

Milton and Helene’s joint losses could top $100bn, threaten insurer profitability

Combined insured losses from Hurricanes Milton and Helene could top $100 billion, with the 2024 hurricane season's mounting claims likely to dent insurers’ profitability, according to some of the higher early projections.

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