Bermudians anticipate $13bn+ gross Hurricane Ian losses: BMA
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Bermudians anticipate $13bn+ gross Hurricane Ian losses: BMA

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Bermudian (re)insurers expect to book gross losses of more than $13bn for the US impact of Hurricane Ian, according to research.

The Bermuda Monetary Authority (BMA) has collated claims data from 69 commercial carriers responding to a November survey.

Estimates for the total industry loss from Hurricane Ian range between $50bn and $75bn, and the BMA said Bermudian carriers could incur...

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