Moody’s RMS Event Response on Monday released an estimate showing total U.S. private market insured losses from Hurricane Helene could be between $8 billion and $14 billion.
Moody’s puts its best estimate at $11 billion. The estimate represents insured losses associated with wind, storm surge, and precipitation-induced flooding from the event.
Moody’s RMS Event Response also estimates losses to the National Flood Insurance Program from the event could reach more than $2 billion.
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The figures don’t fall far out of line with estimates