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Hurricane Matthew losses trend down to ‘manageable levels’
Expected losses from Hurricane Matthew have continued to slide, with the US wind-only tally potentially well short of US$5bn and all-in commercially insured losses unlikely to go far beyond the US$5bn mark. Underwriting sources are increasingly relaxed about the potential scale of the losses, with Florida and the Carolinas subject to only Category 1 winds - sparing the coastline the destructive Category 3 winds that were feared towards the tail end of last week. With anxiety
Hurricane Matthew: At least 130+ people killed in devastation so far
Hurricane Matthew has left at least 108 people dead in Haiti, the country's interior minister says. New images from remote and cut off areas in the south-west of the country show scenes of devastation. The hurricane has again been upgraded to a Category Four storm, the second highest hurricane classification, as it heads for the US state of Florida. Hurricane Matthew - the most powerful Caribbean storm in nearly a decade - is currently pounding the Bahamas, after slicing thro
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