estimate

NFIP’s Helene loss estimate rises to $6.75bn. Two cat bonds extended with partial repayment – Go Health Pro

by
NFIP’s Helene loss estimate rises to .75bn. Two cat bonds extended with partial repayment – Go Health Pro

Artemis has learned that FEMA has increased its estimate for National Flood Insurance Program (NFIP) losses from hurricane Helene, raising the figure to $6.75 billion and as a result two FloodSmart Re catastrophe bond tranches have had their maturity dates extended, with partial repayments of principal to be made.The U.S. Federal Emergency Management Agency’s (FEMA) … Read more

FHCF losses for Helene & Milton seen $1.6bn – $6.2bn, point estimate of $4.6bn – Go Health Pro

by
FHCF losses for Helene & Milton seen .6bn – .2bn, point estimate of .6bn – Go Health Pro

According to the administrators of the Florida Hurricane Catastrophe Fund (FHCF), losses to the fund that provides a reinsurance-like reimbursement for a portion of residential property insurers’ hurricane losses from recent hurricanes Helene and Milton are expected to fall between $1.6 billion and as much as $6.2 billion.Paragon Strategic Solutions, the FHCF’s consulting actuary, puts … Read more

x