Numis pegs FY 2019 cat losses at $70bn

Numis – Hurricane

Numis has estimated that total insured impact from 2019 catastrophes will be around $70bn, accounting for $8bn+ losses apiece after Hagibis, Faxai and Dorian; deterioration in 2018 cat losses; and an $8bn “margin” for events that may happen from now until 31 December.

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