Insurance industry avoids Irma catastrophe

ReutersNewsPublished: September 11, 2017
Published: September 11, 2017

There was market relief for insurers as the downgrade of Hurricane Irma in the United States raised the prospect that costs for the industry may be lower than initially feared. As Laura Frykberg reports, the estimated insured loss in the U.S. resulting from Irma has been cut to $20-40 billion

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