AIR estimates Ida insured losses at $17bn to $25bn

03 September 2021

New York City, USA. 01st Sep, 2021. Members of the FDNY wade through waist high water caused by flash flooding brought by the remnants of hurricane Ida, in the New York City borough of Queens, NY, September 1, 2021. More than three inches of rain fell per

AIR estimated onshore property insured losses from Hurricane Ida will range from $17bn to $25bn, covering wind and storm surge damage but excluding precipitation-induced flood losses.

Remnants of Ida have produced severe such flooding in northeastern US states New York, New Jersey, Pennsylvania and Connecticut.

The

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Topics

News Losses Hurricane Catastrophes

Liz Bury