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Hurricane Dorian could cause insurance loss of $25 billion: UBS

Posted On: Sep. 4, 2019 6:54 AM CST

Damage from Hurricane Dorian over an unspecified location in the Bahamas on Sept. 2, 2019.

Analysts at UBS Group AG expect hurricane Dorian to cause up to $25 billion worth of insured losses, Fox Business reports. Hurricane Dorian battered the Bahamas on Sep. 2, and then moved to the east coast of the United States.

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