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Natural disasters cost insurances companies 72b pound
(MENAFN) According to estimates, Hurricanes Harvey Maria and Irma, in addition to 2 Mexican earthquakes, will cost the insurance business 95b USD .
Hurricane Harvey two months ago caused flood damage and over 80 deaths in Texas, while Hurricane Irma destroyed the Caribbean last month, Hurricane Maria on the other hand, wildly came through Puerto Rico.
However, one of the Earthquakes in Mexico was the strongest the country had witnessed in 32 years, causing over 90 deaths.
CEO of Hiscox, an insurer on the Lloyd's of London insurance market, said 2017 is one of the most horrible years for natural disasters.
Hurricane Harvey two months ago caused flood damage and over 80 deaths in Texas, while Hurricane Irma destroyed the Caribbean last month, Hurricane Maria on the other hand, wildly came through Puerto Rico.
However, one of the Earthquakes in Mexico was the strongest the country had witnessed in 32 years, causing over 90 deaths.
CEO of Hiscox, an insurer on the Lloyd's of London insurance market, said 2017 is one of the most horrible years for natural disasters.
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