Irma floods may drive $50bn loss: JLT Re
Irma has died away over the US Deep South but its torrential
rains and record storm surges have left flood damage from Miami to
Charleston, South Carolina, and may have left insured damage of
more than $50bn.
JLT Re said in a cat blog that Irma's total insured loss
looks increasingly likely to exceed $50bn as flooding racked
coastal areas.
In Jacksonville, Florida, with about 880,000 residents, the St
Johns River reached a record height above flood stage on Monday,...
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