Pressure to settle up to $5bn Hurricane Isaias losses may lead to claims inflation, warns RMS

17-08-2020

Insured losses from Hurricane Isaias that caused extensive damage across the Caribbean and the East Coast of the US between July 30 – August 5, 2020 will be between $3 and $5 billion, including estimated losses to the National Flood Insurance Program (NFIP), according to RMS.


RMS, National Flood Insurance Program, Hurricanes, Catastrophe, Insurance, Reinsurance, Pete Dailey, North America

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