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Helene private market insured losses to be up to $14bn, NFIP losses could surpass $2bn: Moody’s RMS

The impacts of hurricane Helene across Florida, Georgia, the Carolinas, and parts of the Mid-Atlantic are expected to drive insurance industry losses of between $8 billion and $14 billion, while losses to the National Flood Insurance Program (NFIP) could exceed $2 billion, according to Moody’s RMS Event Response.

Source: Reinsurance News