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Hurricane Debby: Moody’s estimates insured losses for will not exceed $1.5 billion

by AIP Online Bureau | Aug 15, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Jeff Waters, director, North Atlantic Hurricane Models at Moody’s, said, “Hurricane Debby should not be a major event for the (re)insurance market. Debby made landfall just 10 to 15 miles (16 to 24 kilometers) from last year’s Hurricane Idalia’s Florida landfall as a...

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