KCC pegs Ida insured loss at $18bn
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

KCC pegs Ida insured loss at $18bn

Rachel Dalton
September 01, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Hurricane Ida damage 2 from nola ready.jpg

Karen Clark & Company (KCC) has estimated that insured losses from Hurricane Ida will be $18bn, with $40mn in the Caribbean and the rest from wind and storm surge losses in the US.

The estimate, which includes residential, commercial and industrial property and auto losses, comes after this publication revealed that early modelled loss data for the storm was converging around $16bn-$17bn.

Industry

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsPropertyMajor losses
rachel dalton 2024 ii us 2.png
Rachel Dalton
Lead Reporter
Contact
Gift this article