Moody’s RMS posts Milton insured loss estimate of $22bn-$36bn
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Moody’s RMS posts Milton insured loss estimate of $22bn-$36bn

Earlier this week, RMS estimated insured losses for Helene and Milton at $35bn-$55bn.

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Sarasota, Florida, USA. 10th October, 2024. Residents survey damage to their neighborhood following Hurricane Milton. Credit: david childers/Alamy Live News

Moody’s RMS has released its industry loss estimate for Hurricane Milton at $22bn-$36bn. Earlier this week, the firm estimated combined insured losses from hurricanes Helene and Milton to range between $35bn-$55bn.

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