Liberty Mutual Insurance predicts up to $900m in losses from Hurricanes Helene and Milton.
Liberty Mutual Insurance anticipates up to $900 million in losses from Hurricanes Helene and Milton, with $550 million attributed to Helene and $250-$350 million for Milton. The company estimates a net income of $900 million for Q3 2024 and $3 billion for the year, along with net written premiums of $12 billion for Q3 and $34 billion annually. A detailed financial report is expected on November 7. Final loss amounts may vary.
October 28, 2024
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