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

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.

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