×

Oil and gas fall 4.55% after hurricane hits Texas

1:52 PM ET Wed, 30 Aug 2017

Our data partners at Kensho reporting on what happens to the property and casualty insurers after a major hurricane when bought when the storm hits and sold two months later the index outperforms the S. and P. rising on average six point forty-five percent since 1990. The S&P 500 oil and gas sector after a hurricane hits Texas, however, falls three weeks after the event, down four point fifty-five percent. It's happened 13 times since 1990