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Verisk Estimates Industry Insured Losses in U.S. for Hurricane Helene Will Range Between USD 6 Billion to USD 11 Billion
Verisk Estimates Industry Insured Losses in U.S. for Hurricane Helene Will Range Between USD 6 Billion to USD 11 Billion GlobeNewswire October 08, 2024 BOSTON, Oct. 08, 2024 (GLOBE NEWSWIRE) -- The Extreme Event Solutions group at Verisk (Nas
Verisk Estimates Industry Insured Losses in U.S. for Hurricane Helene Will Range Between USD 6 Billion to USD 11 Billion GlobeNewswire October 08, 2024
BOSTON, Oct. 08, 2024 (GLOBE NEWSWIRE) -- The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses due to wind, storm surge and hurricane precipitation induced flood in the U.S. for Hurricane Helene will range between USD 6 billion to USD 11 billion.
Please note that this figure does not include NFIP losses.
Meteorological History of Helene
On September 23, the National Hurricane Center (NHC) identified and designated a low-pressure system over the northwestern Caribbean as Potential Tropical Cyclone Nine.
BOSTON, Oct. 08, 2024 (GLOBE NEWSWIRE) -- The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses due to wind, storm surge and hurricane precipitation induced flood in the U.S. for Hurricane Helene will range between USD 6 billion to USD 11 billion.
Please note that this figure does not include NFIP losses.
Meteorological History of Helene
On September 23, the National Hurricane Center (NHC) identified and designated a low-pressure system over the northwestern Caribbean as Potential Tropical Cyclone Nine.