S&P says losses to insurance sector from Irma likely to top Harvey, could mean downgrades

S&P warns of major devastation - Irma likely to be viewed as capital event for insurers, unlike Harvey, which was an earnings event - Depending on the extent that Irma makes landfall in Florida, there could be much higher insured losses than Harvey For me, the latest forecast actually looks like a bit of good news as the
S&P says losses to insurance sector from Irma likely to top Harvey, could mean downgrades