Jay Gelb


Last quote by Jay Gelb

Given the potential magnitude of this storm as well as the potential to impact a highly populated area, we think Irma's insured damage in Florida could be the largest ever in the US perhaps equivalent to Hurricane Katrina. In a worst case scenario, catastrophe modelers AIR Worldwide and Karen Clark and Co. have estimated a repeat of the 1926 Miami hurricane could result in $125-130 billion of insured damage.feedback
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Sep 05 2017
This page is completely dedicated to what Jay Gelb has to say. All of Jay Gelb’s quotes are organized here by date and topic. The most recent quote attributed to Jay Gelb came from an article called Hurricane Irma's damage could equal Katrina's, Barclays predicts: “We would view Irma as more of a risk to the traditional reinsurers as well as third-party providers of reinsurance capital. Of the companies we cover, reinsurers expected to have among the largest exposures to a Florida hurricane could include Everest Group, XL Group, Validus Holdings, RenaissanceRe Holdings, and Aspen.”.
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