Reinsurance brokerage Holborn has warned that US catastrophe losses since April are likely to exceed $20bn.
This forecast is considerably higher than previous loss estimates, which have ranged from $5bn to $15bn.
Reinsurance brokerage Holborn has warned that US catastrophe losses since April are likely to exceed $20bn.
This forecast is considerably higher than previous loss estimates, which have ranged from $5bn to $15bn.