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Ida model loss runs average $16bn-$17bn, but industry fears higher claims toll

New Orleans, United States. 30th Aug, 2021. Jax Brewery in the French Quarter of New Orleans roof blew off during the night as Hurricane Ida hit the city, Monday, August 30, 2021. nnPhoto by AJ Sisco/UPI Credit: UPI/Alamy Live News
Alamy Live News.

Early modelled loss data for Hurricane Ida is converging around figures of $16bn-$17bn, but sources fear the loss could significantly exceed this level.

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