$15bn-$20bn Harvey: first act or final word?

The impact of Hurricane Harvey on the US commercial property
market and treaty reinsurance space will depend heavily on the way
a potentially above-average Atlantic storm season still in its
early stages plays out.
Predicting the loss quantum for private insurers from Hurricane
Harvey with any degree of confidence is impossible at this stage,
as waters are yet to recede and flood is a poorly modelled peril
even in the US.
"The only thing we can say with any certainty...