Dorian industry insured losses seen in several billions of dollars: Munich Re

A man rides a bicycle past damage in the wake of Hurricane Dorian in Marsh Harbour, Great Abaco, Bahamas, September 7, 2019. REUTERS/Loren Elliott

FRANKFURT (Reuters) – Insured losses from Hurricane Dorian are expected to total several billions of dollars, German reinsurer Munich Re (MUVGn.DE) said on Sunday. Board member Torsten Jeworrek, speaking at an industry conference, said that the estimate was a “rough guess” as damage was still to be tallied. Dorian ripped into the Bahamas earlier this […]

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