Milton could cause industry losses between $20bn-$50bn: Twelve Capital
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Milton could cause industry losses between $20bn-$50bn: Twelve Capital

Losses to the NFIP-sponsored cat bonds remains a key area of uncertainty, the investment manager reported.

By Abbie Day
October 11, 2024
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Twelve Capital pegged initial industry losses for Hurricane Milton between $20bn and $50bn, with potential for material uninsured losses.

Twelve

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Topics

News Claims and losses Catastrophe losses ILS investors Twelve Capital Catastrophe bonds Hurricane
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