News & Updates


Irma Analysis: Insurer Financial Stress Unlikely If Early Loss Estimates Hold

Before Hurricane Irma made landfall in south Florida on Sunday morning, analysts were assessing the potential damage to property/casualty insurer and reinsurance balance sheets and earnings.

On Friday, Fitch Ratings noted that if Irma were to produce insured losses greater than $75 billion, or if another significant hurricane struck Florida following Irma, some insurers and reinsurers participating in the Florida market “could experience notable financial strain.”