🇺🇸

Hurricane Dorian could hit the insurance industry with more than $25 billion in losses, UBS says

Credit: Business Insider- Published on September 3, 2019
· *Hurricane Dorian could cost insurers more than $25 billion, according to recent research from UBS.*
· *The analysts said the storm could bring total losses of as much as $40 billion, depending on where it lands on Florida's coast.*
· *Though reinsurers have built up $30 billion in excess capital since 2017's Hurricane...
Advertisement

Video credit: Wochit News
Published on September 2, 2019 -  00:45
Airports Shut, Flights Cancelled As Dorian Roars Towards East Coast
As Hurricane Dorian approaches the East Coast, more than 1,000 flights have been canceled in the U.S. At least three airports are closing in Florida, where hurricane conditions are expected as early as Monday night. The hurricane's path has been unusually unpredictable, but it is likely to affect Florida Georgia, and South Carolina. Business Insider reports over a million people across the three states have been ordered to evacuate their homes.

You are here


Related videos from verified sources

Why Nike Has More Room to Run After Big Earnings Beat 01:43
Credit: The Street - Published on September 25, 2019 


Visit Florida to launch #LoveFL campaign to help businesses bounce back from Hurricane Dorian losses 02:25
Credit: Rumble - Published on September 19, 2019 


Hurricane Dorian has damaged more than just the Nova Scotia fall harvest 01:41
Credit: Pelmorex Media - Published on September 18, 2019 


Related news from verified sources

Insurance industry losses in the Caribbean spurred by Hurricane Dorian will range between $1.5 billion to $3 billion, according to catastrophe risk modeler AIR...
on September 6, 2019 • Reuters

You might like