Hurricane Florence Pounds Some Financial Markets  

Hurricane Florence Pounds Some Financial Markets  

Hurricane Florence Pounds Some Financial Markets $KBWP, $All, $TRV, $IAK, $HD, $LOW, $GNRC The path of Hurricane Florence’s potential destruction runs right through markets from stocks to mortgage-backed securities. The Category 4 storm, which is forcing more than 1-M people to flee to safety and could wreak as much as $27-B in damages in the […]

Insurer’s Catastrophic Losses Exceeded $175-B in 2016

Insurer’s Catastrophic Losses Exceeded $175-B in 2016

Insurer’s Catastrophic Losses Exceeded $175-B in 2016 A leading insurer reports that last year saw the highest costs from natural disasters since Y 2012, with 2 earthquakes in Japan in April accounting for the heaviest losses. Munich Re (FWB:MUV2) said in an annual survey Wednesday that losses from natural disasters totaled $175 billion last year, some […]