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Episode details

World Service,10 Oct 2024,26 mins

Hurricane Milton could cost insurers up-to $100 billion

World Business Report

Available for over a year

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.

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