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Hurricane Milton could cost insurers up-to $100 billion

Hurricane Milton devastation has been a giant event for insurers – and reinsurance.

Florida is counting the cost of Hurricane Milton, after the storm tore through the US state. Some estimates suggest it could top $100 billion. Rob Young talks to the state's chief financial officer – one of the most senior figures alongside the Governor - and asks how insurers will cope.

We'll also hear why the French government's latest attempt at cutting the nation's high level of borrowing has been met with controversy.

And we'll hear from young people in Portugal who could be offered a lower tax rate to stay in the country rather than emigrate -- as many do.

Available now

27 minutes

Broadcast

  • Thu 10 Oct 2024 14:32GMT