D&F market faces $200mn North Carolina municipality loss from Helene
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D&F market faces $200mn North Carolina municipality loss from Helene

Beazley leads the first $100mn layer of the programme, while Tokio Marine HCC leads the second on the Alesco-placed cover.

By Rebecca Perkins
October 25, 2024
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hurricane_helene_approaching.jpg

The property D&F market is braced for a $200mn loss after Hurricane Helene caused damage to a number of state-owned university buildings in North Carolina, Insurance Insider can reveal.

The

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NewsInsurersCatastrophe losses
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