Insurer Beazley sees $125-175 mln hit from Hurricanes Helene, Milton
Portfolio Pulse from
Lloyd's of London insurer Beazley estimates a net exposure of $125-175 million due to Hurricanes Helene and Milton, which caused significant damage in Florida.
November 06, 2024 | 7:45 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Beazley, a Lloyd's of London insurer, anticipates a financial impact of $125-175 million from Hurricanes Helene and Milton.
The financial impact of $125-175 million from the hurricanes is significant for Beazley, likely affecting its short-term financial performance and stock price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100