Early post-landfall Aon estimate puts Milton insured losses at $25bn-$40bn

A post-landfall view of Hurricane Milton shared by Aon in a client communication points to a total insured loss of $25bn to $40bn, of which around 25 percent would be ceded to traditional markets – a level that sources said would be expected to flatten cat renewals at 1.1 but not drive hardening.

 

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