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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.
Last on
Thu 10 Oct 2024
14:32GMT
91Èȱ¬ World Service
Broadcast
- Thu 10 Oct 2024 14:32GMT91Èȱ¬ World Service