Munich Re disclosures may imply higher-than-expected Helene industry losses
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Munich Re disclosures may imply higher-than-expected Helene industry losses

Assuming Munich Re takes roughly a 3% market share of hurricane losses suggests a ~$20bn industry loss for Helene.

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hurricane helene damage asheville nc.png

Munich Re today disclosed a EUR500mn net loss from Hurricane Helene, a figure that implies aggregate industry insured losses from the storm could be higher than initially forecast, analysis by this publication has shown.

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