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

Marcel Le Gouais
06 September 2021
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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.

The cat risk solutions provider’s estimate also includes losses to the National Flood Insurance Program (NFIP) in the four impacted Gulf Coast states - Alabama, Florida, Louisiana and Mississippi - in the range of $2.3bn

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