KCC estimates insured Ida losses at $18bn

Ben NorrisSeptember 1, 2021
Tropical storm Ida batters the coastline of the Cayman Islands. These palm trees are being blown around in the latest weather formation in the caribbean

Insured losses from Hurricane Ida will reach $18bn, with $40m in the Caribbean and the rest from wind and storm surge in the US, according to modelling firm Karen Clark & Company (KCC).

The estimate includes privately ...

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Ben NorrisSeptember 1, 2021
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