Claims development on 2017’s Hurricane Irma had inflated the size of the loss by 26 percent more than original estimates by September 2018, according to a JLT Re report.
Irma loss creep hits 26%: JLT Re

Claims development on 2017’s Hurricane Irma had inflated the size of the loss by 26 percent more than original estimates by September 2018, according to a JLT Re report.