Hurricane Irma’s insured damage could match Katrina, halt P&C rate declines


Irma’s insured damage in Florida could be the largest ever in the US, perhaps equivalent to Hurricane Katrina in 2005 which recorded $50 billion on an inflation-adjusted basis, Barclays analyst Jay Gelb said in a Sept. 5 equity research analyst note.

Hurricane Irma, Florida, Hurricane Katrina, US, Barclays, North America

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