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RMS pegs Hurricane Ida insured losses at $25bn to $35bn

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

RMS has estimated insured losses from Hurricane Ida will reach $25bn-$35bn, a range that includes onshore claims in the US as well as offshore losses in the Gulf of Mexico.

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