Gallagher Re pegs insured losses from Debby at $1bn-$2bn
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Gallagher Re pegs insured losses from Debby at $1bn-$2bn

Debby should be a “very manageable” storm for the (re)insurance market, it said.

By Ayesha Venkataraman
August 09, 2024
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hurricane debby noaa august 7.png

Hurricane Debby’s combined wind- and water-related insured losses are likely to fall in the range of $1bn-$2bn for the private insurance market and public entities such as the National Flood Insurance Program (NFIP) or the USDA’s RMA crop insurance...

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