Insured Hurricane Losses in Jamaica Seen as High as $4.2 Billion

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Why This Matters

Insured losses from Hurricane Melissa in Jamaica are estimated to be between $2.2 billion and $4.2 billion, according to Verisk Analytics Inc.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%

Article Context

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The insured costs of Hurricane Melissa’s damages to onshore property in Jamaica now range between $2.2 billion and $4.2 billion, according to data firm Verisk Analytics Inc.

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Summary

Insured losses from Hurricane Melissa in Jamaica are estimated to be between $2.2 billion and $4.2 billion, according to Verisk Analytics Inc.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Original article published by Bloomberg on November 3, 2025.
Analysis and insights provided by AnalystMarkets AI.