Moody’s RMS Event Response estimates that US private market insured losses from Hurricane Francine won’t exceed $2bn.
Losses to the National Flood Insurance Program (NFIP), meanwhile, are expected to be less than $200mn.
Moody’s
Moody’s RMS estimates Hurricane Francine losses at under $2bn
Moody’s also predicts losses to the NFIP at less than $200mn.