How Hurricane Milton in the US could impact UK insurance firms

How could two hurricanes hitting the US impact the UK's insurance sector? Lloyd's of London insurers are bracing for costs tied to Hurricane Milton, a major storm on course to hit Florida this week. Less than two weeks after Hurricane Helene devastated nine of the US’ southeastern states, Floridia is readying for its biggest evacuation in seven years ahead of Milton making landfall. The weather system strengthened from a tropical storm to a hurricane on Sunday and is forecast to hit the heavily populated Tampa Bay area before travelling over Orlando. For more on the story 👇 https://www.cityam.com/uk-insurers-brace-for-major-hurricane-milton-set-to-hit-florida/ Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): https://x.com/CityAM Facebook: https://www.facebook.com/cityam Instagram: https://www.instagram.com/city_am LinkedIn: www.linkedin.com/company/cityam Produced by: Lars Mucklejohn and Scarlett Wild