Moody’s RMS pegs insured Melissa losses at $3bn-$5bn
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Moody’s RMS pegs insured Melissa losses at $3bn-$5bn

Insurance penetration varies, but hotels have “near-total” coverage and strong limits.

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Moody’s RMS Event Response has estimated private-market insured losses from Hurricane Melissa at $3bn-$5bn, with a best estimate of $3.5bn.

The

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