► Subscribe to FT.com here:

After fears last week that the insurance industry would be on the hook for damages of more than $100bn from the impact of the Hurricane Irma, the latest estimates have been slashed to as low as $20bn as the storm weakened and changed direction.

► Subscribe to the Financial Times on YouTube:

For more video content from the Financial Times, visit http://www.FT.com/video

Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes

LEAVE A REPLY

Please enter your comment!
Please enter your name here