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Best’s Briefing: Mexico’s Insurance Industry Remains Well-Positioned to Absorb Hurricane Willa Losses

Business Wire Wednesday, 24 October 2018
Best’s Briefing: Mexico’s Insurance Industry Remains Well-Positioned to Absorb Hurricane Willa LossesMEXICO CITY--(BUSINESS WIRE)--Mexico’s insurance industry overall remains well-capitalized and can absorb the financial impact generated from Hurricane Willa, which made landfall Oct. 23, 2018, but was later downgraded to a tropical depression, according to a new A.M. Best briefing. Hurricane Willa made landfall on Mexico’s Pacific Coast as a Category 3 hurricane, something that has not occurred since Hurricane Patricia in 2015, according to the Best’s Briefing. The hurricane is expected to aff
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