Published: Fri 11 Oct 2024

Sub-$50bn Milton loss to materially impact Q4 earnings with “modest boost” to 2025 pricing

A sub-$50bn industry loss from Hurricane Milton will be big enough to materially impact reinsurers collective Q4 earnings but too small to impair global reinsurance capacity, KBW analyst Meyer Shields has said.

Reinsurance

Losses

US / Americas

Published: Fri 11 Oct 2024

Early post-landfall Aon estimate puts Milton insured losses at $25bn-$40bn

Hurricane Milton to cause 0-4% loss to cat bond market: Twelve Capital

Moody’s RMS post-landfall Milton stochastic events output points to $11.8bn mean wind loss

Sub-$50bn Milton loss to materially impact Q4 earnings with “modest boost” to 2025 pricing

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