Tornado damage at Goodyear tire plant to generate ~$500mn loss bill
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Tornado damage at Goodyear tire plant to generate ~$500mn loss bill

goodyear tire.jpg

Property insurers are braced for a ~$500mn loss after a tornado ripped through a Goodyear tire plant in Mississippi in April, this publication can reveal.

Sources said the placement is led by FM Global, but exposure is spread between the US and London property markets.

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