September 8, 2017 / 8:22 PM / 14 days ago

BRIEF-Fitch comments on potential losses​ in Florida insurance market from Hurricane Irma

Sept 8 (Reuters) - Fitch:

* Says Florida insurance market braces for significant losses​

* Says Fitch ratings is monitoring and assessing potential impact of Hurricane Irma​ on insurance industry ratings

* Says ‍if Irma produces insured losses over $75 billion, or another significant hurricane strikes Florida, some (re)insurers in Florida market can see notable financial strain​

* Says ‍in extreme scenarios, fitch believes Florida specialist property writers will endure most severe financial strain​

* Says ‍in extreme scenarios, after specialist property writers, some segments of global reinsurance market​ will endure most severe financial strain Source text for Eikon:

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