Zurich (AFP) Oct 18, 2022

Swiss Re warned investors Tuesday that Hurricane Ian would push it into a third quarter loss of approximately half a billion dollars.

The Swiss reinsurance giant gave a preliminary estimate of total insured losses from the hurricane which ravaged Cuba and the southern United States at $50-65 billion.

“With sustained wind speeds of about 150 miles per hour (240 km/h), Ian was one of the s
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