Verisk Estimates Industry Insured Losses for Hurricane Milton Will Range Between USD 30 Billion to USD 50 Billion
Verisk Analytics, Inc. (VRSK)
Last verisk analytics, inc. earnings: 2/18 04:30 pm
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Source: GlobeNewswire
BOSTON, Oct. 16, 2024 (GLOBE NEWSWIRE) -- The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured industry losses to onshore property for Hurricane Milton will fall between USD 30 billion and USD 50 billion. This estimate includes losses due to wind, privately insured estimates of storm surge, and privately insured precipitation induced flood losses resulting from Milton’s landfall in Florida. The majority of the insured loss is attributable to wind. Meteorological History of Milton Milton became a hurricane on October 6 and continued to steadily strengthen through the overnight hours, becoming a Category 2 hurricane, while moving generally eastward at a slightly faster pace. This strengthening overnight and into October 7 marked the beginning of a nearly unprecedented episode of rapid intensification for Milton that saw the hurricane become a major hurricane around daybreak and rea
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VRSK
Earnings
- 10/30/24 - Beat
VRSK
Sec Filings
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- 11/18/24 - Form 144
- VRSK's page on the SEC website